2023 Office Space Rent & Sales
- $41.92 2023 Avg. Asking Rent
- -0.27% Y-o-Y Avg. Asking Rent Change
- 57.21% 2023 Office Vacancy Rate
Issaquah office price per square foot in 2023 was $41.92 on average. This marked a -0.27% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 57.21% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Washington Class A & A+ Office Space$45.53
- Washington Class B Office Space$31.05
- Washington Class C Office Space$35.93
Issaquah, WA Office Asking Rents by Class
Office Spaces for Rent in Washington
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2023 Office Construction in Issaquah, WA
- Issaquah, WA Total SF under construction in 2024 625,000
| Office building | Address | SF | Completed |
|---|---|---|---|
| Issaquah Medical Bldg | 1301 4th Ave NW, 98027 | 71,136 | 2011 |
| Issaquah Medical Building | 1301 4th Avenue NW, 98027 | 52,671 | 2011 |
| Highmark Medical Center | 1740 NW Maple Street, 98027 | 46,000 | 2010 |
| East Gilman Office Bldg | 295 NE Gilman Blvd, 98027 | 12,204 | 2002 |
| The ParQ - Building 2 | 21933 SE 51st Street, 98029 | 232,515 | 2001 |
| Eastpointe Corporate Center | 22833 SE Black Nugget Road, 98029 | 156,325 | 2001 |
| Liberty Park | 371 NE Gilman Blvd, 98027 | 44,344 | 2001 |
| The ParQ - Building 1 | 21925 SE 51st Street, 98029 | 178,760 | 1999 |
| Maple Street Building | 1180 NW Maple Street, 98027 | 111,549 | 1999 |
| Sammamish View | 22605 SE 56th Street, 98029 | 29,796 | 1999 |
Worth noting among recent office completions on the Issaquah market is Issaquah Medical Bldg, which is currently the largest new office development in the city, at 71,136 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Issaquah commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.