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The typical asking rate per commerial real estate listing leases is in the $40's per square foot per year. The West Queen Anne region is going through a an increase in rates. In the last 3 months, the median rate for lease increased $42 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the West Queen Anne submarket has higher rates for rent, and you may need to make a great offer to be in this hot submarket.
In the last 90 days, 43 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 18,260 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built around 1972 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst West Queen Anne occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in West Queen Anne.
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