2023 Office Space Rent & Sales
- $32.95 2023 Avg. Asking Rent
- 24.46% 2023 Office Vacancy Rate
Lynnwood office price per square foot in 2023 was $32.95 on average. The local office market recorded an average vacancy rate of 24.46% 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
Lynnwood, WA Office Asking Rents by Class
2023 Office Vacancy Rates in Lynnwood
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Lynnwood | $33.70 | 19.96% |
| Everett | $23.61 | 11.94% |
Office Spaces for Rent in Washington
Coworking Spaces in Washington
- Los Angeles Coworking Space
- Denver Coworking Space
- San Diego Coworking Space
- San Francisco Coworking Space
- Las Vegas Coworking Space
- Seattle Coworking Space
- Phoenix Coworking Space
- Irvine Coworking Space
- Salt Lake City Coworking Space
- Portland Coworking Space
- Sacramento Coworking Space
- Scottsdale Coworking Space
- Bellevue Coworking Space
- Tacoma Coworking Space
- Carlsbad Coworking Space
- Long Beach Coworking Space
- Oakland Coworking Space
- San Jose Coworking Space
- Pasadena Coworking Space
- Berkeley Coworking Space
| Office building | Address | SF | Completed |
|---|---|---|---|
| Northpointe Corporate Center I | 15815 25th Avenue West, 98087 | 87,385 | 2007 |
| Northpointe Corporate Center II | 16201 25th Avenue West, 98087 | 70,400 | 2007 |
| 21313 & 21323 68th Avenue West | 21313 68th Avenue West, 98036 | 28,369 | 2005 |
| Redstone Corporate Center I | 19020 33rd Avenue West, 98036 | 202,273 | 2002 |
| 2122 164th Street SW | 2122 164th Street SW, 98087 | 25,233 | 2001 |
| Sparling Technology Center | 4100 194th Street SW, 98036 | 63,225 | 2000 |
| Northview Corporate Center | 20700 44th Avenue West, 98036 | 182,009 | 1991 |
| Lynnwood Corporate Center | 19401 40th Avenue West, 98036 | 73,073 | 1989 |
| 19000 33rd Avenue West | 19000 33rd Avenue West, 98036 | 30,884 | 1989 |
| 5105 200th St SW | 5105 200th St SW, 98036 | 5,928 | 1988 |
Worth noting among recent office completions on the Lynnwood market is Northpointe Corporate Center I, which is currently the largest new office development in the city, at 87,385 square feet.
See reports for other markets
- Seattle Office Rent Price
- Bellevue Office Rent Price
- Spokane Office Rent Price
- Kirkland Office Rent Price
- Vancouver Office Rent Price
- Renton Office Rent Price
- Olympia Office Rent Price
- Bothell Office Rent Price
- Everett Office Rent Price
- Denver Office Rent Price
- Dallas Office Rent Price
- Chicago Office Rent Price
- Houston Office Rent Price
- San Antonio Office Rent Price
- Manhattan Office Rent Price
- Los Angeles Office Rent Price
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 Lynnwood 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.