The typical asking rate per listing is in the $30's per square foot per year. The Kirkland region is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Kirkland submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 307 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the available space in the Kirkland are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,990 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1987 and are Class A.
Real time and historical data on commercial real estate listings in Kirkland.
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