Redmond, Washington, a city located 15 miles east of Seattle, is an ideal location for businesses looking to establish a presence in the Pacific Northwest. With a strong technology industry and a reputation as the "Bicycle Capital of the Northwest," Redmond offers a unique blend of innovation and outdoor recreation. The city's proximity to Seattle and its access to major transportation hubs, including State Route 520 and the Evergreen Point Floating Bridge, make it an attractive location for companies looking to tap into the region's growing economy. Additionally, Redmond is home to major employers like Microsoft and Nintendo of America, and its downtown area features a mix of retail shops, restaurants, and cultural attractions. With its mild climate and abundance of outdoor recreational opportunities, Redmond is a great place to live and work, making it an ideal location for businesses looking to lease commercial real estate property.
Redmond's commercial real estate market offers a range of options for businesses, with 52 listings available for lease. The average annual rent per square foot is $27 USD, with options ranging from $5 USD to $55 USD per square foot. The average size of available commercial real estate properties is 11,045 square feet, with options ranging from 10 to 370,260 square feet. In addition to commercial real estate properties, Redmond also offers office space, coworking space, retail space, and industrial space for lease, each with its own unique characteristics and advantages. Office space in Redmond is ideal for businesses looking for a professional setting, while coworking space offers a collaborative and flexible work environment. Retail space in Redmond is perfect for businesses looking to establish a presence in the city's vibrant downtown area, and industrial space is available for businesses that require specialized facilities. With its diverse range of commercial real estate options, Redmond is a great location for businesses of all types and sizes.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Redmond, Washington, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $27 USD, and the average size of available listings, which is 11,045 square feet, to ensure you're getting a fair deal.
- The maximum space size available, which is 370,260 square feet, to accommodate your business needs.
- The location and accessibility of the property, considering Redmond's infrastructure, including State Route 520 and the upcoming Sound Transit light rail service, as well as the city's amenities, such as Marymoor Park and the Redmond Central Connector.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent for your business needs in Redmond, Washington, it's essential to consider factors such as the size of the space, type of property, and location. With 52 available listings of commercial real estate for lease in Redmond, you'll want to narrow down your options by identifying your specific requirements.
- Assess your business needs: Determine how much space you need, considering factors such as the number of employees, equipment, and inventory. For example, if you're looking for a small office space, you may want to consider properties with an average size of 11,045 square feet, while larger operations may require up to 370,260 square feet.
- Choose the right property type: Redmond offers a range of commercial properties, including office spaces, retail stores, and industrial facilities. Consider the type of property that best suits your business needs, taking into account factors such as foot traffic, accessibility, and amenities.
- Location, location, location: Redmond's location near Seattle and its strong technology industry make it an attractive option for businesses. Consider the proximity to major transportation hubs, such as State Route 520 and the upcoming Sound Transit light rail service, as well as the availability of amenities like Marymoor Park and the Redmond Central Connector.
