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223 Commercial Real Estate Listings in Redmond, WA

Redmond, WA Commercial Real Estate

There are currently 224 commercial listings available in Redmond, WA. These listings include 127 commercial spaces that encompass a total of 1,176,510 square feet. Available commercial spaces in Redmond, WA range in size from 336 square feet to 70,620 square feet. A total of 156 off-market commercial properties located in Redmond, WA are also available for research.

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Redmond, WA Commercial Inventory Breakdown

In 2022 the Redmond, WA commercial real estate market totaled 18,872,053 square feet of office spaces, 2,141,020 square feet of office spaces with retail, and 5,234,080 square feet of industrial space.

Office Spaces

Total: 18,872,053 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 1,616,166 SqFt 8.56% of total office
100k to 500k SqFt 6,709,967 SqFt 35.56% of total office
500k to 1M SqFt 1,733,990 SqFt 9.19% of total office
> 1M SqFt 8,811,930 SqFt 46.69% of total office
By class:
Class A 12,302,458 SqFt 65.19% of total office
Class B 5,721,664 SqFt 30.32% of total office
Roughly 9.19% of the total office space in Redmond, WA is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 8.56% of the office inventory.

Class A office space holds a 65.19% share of the overall Redmond, WA office market, while Class B office assets make up approximately 30.32%.

Industrial

Total: 5,234,080 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,451,352 SqFt 27.73% of total industrial
100k to 500k SqFt 3,782,728 SqFt 72.27% of total industrial
By class:
Class A 345,869 SqFt 6.61% of total industrial
Class B 4,621,187 SqFt 88.29% of total industrial
Class C 134,587 SqFt 2.57% of total industrial
There are 3,782,728 square feet of commercial real estate properties between 100k to 500k square feet, representing 72.27% of the Redmond, WA industrial inventory. Class A assets total 345,869 square feet of industrial space, with an additional 4,621,187 square feet of Class B and 134,587 square feet of Class C properties.

Office Spaces with Retail

Total: 2,141,020 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 610,671 SqFt 28.52% of total office with retail
100k to 500k SqFt 1,530,349 SqFt 71.48% of total office with retail

Redmond, WA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Redmond, WA Office 38 508,238
Redmond, WA Retail 21 132,608
Redmond, WA Industrial 19 372,579
Redmond, WA Other 71 1,111,594
Ofice Icon

38

Office

Industrial Icon

19

Industrial

Retail Icon

21

Retail

Current local active listing encompass 2,125,019 square feet of commercial space for lease in Redmond. There are 38 active office listings, which amount to 508,238 square feet and account for 25% of commercial spaces on the market. Local retail availability includes 132,608 square feet across 21 listings. Current industrial offerings on the market amount to 372,579 square feet across a total of 19.

Commuting in Redmond, WA

Mean travel time to work 26 minutes

Means of transportation to work

66.10%

Driving alone

11.60%

Carpool

12.60%

Public transit

1.50%

Bicycle

3.20%

Walking

1.20%

Other

3.70%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Redmond in 2020 was 26 minutes. Around 66.10% of workers commute by Driving alone, 12.60% Public transit and 11.60% by Carpool.

Redmond, WA Demographics

As of 2020, Redmond had a total population of 71,941, with a median age of 35.20 years. Roughly 70.20% of the total population was between the ages of 16 and 64 years old.