Affordability

Burien’s affordable real estate allows businesses to get more space for their dollar, while still maintaining a regional hub location for manufacturing and distribution, and a walkable urban core that attracts talented employees. This rare opportunity has created a fertile ground for entrepreneurs and locals starting up their first business, or existing businesses looking for room to grow.

Big city location, without the sticker shock

As Seattle real estate prices continue to put pressure on Seattle businesses and residents, a few minutes’ drive south to Burien offers respite from the sky-high real estate costs without compromising easy access to the Seattle market. An increasing number of well-known Seattle businesses have discovered this, relocating or opening new locations in Burien to increase their footprint or experiment with fresh ideas and innovative concepts. With commercial real estate and median home sale prices that are less than half what you will find in neighboring Seattle, Burien offers big-city accessibility, without the big-city price tag.

 

 Burien

  Seattle

 Bellevue

Tukwila 

Retail lease rates $12 per sq ft $31.30 per sq ft $35.01 per sq ft $15.62 per sq ft
Office lease rates $18.65 per sq ft $47.13 per sq ft $34.85 per sq ft $22.41 per sq ft
Retail space sales price $173 per sq ft $351 per sq ft $545 per sq ft $216 per sq ft
Office space sales price $129 per sq ft $529 per sq ft $381 per sq ft $131 per sq ft

A close-by city with room for life

As the Seattle workforce is priced out of the city, Burien is seeing a diverse group of tech workers, entrepreneurs, and millennials move to Burien. This energetic mix has given Burien’s downtown what Sunset Magazine recently called a ‘decidedly Brooklyn bent,’ and makes Burien a highly sought-after location for home buyers. While median home values are rising, an investment in Burien still affords more home, more land, more room for life, and less taxes.

Seattle Median Home Sales Price: $674, 619

Burien Median Home Sales Price:  $409,962

Statistics According to Zillow.com, September 2017

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