On average, listings lease in the $30's per square foot per year. The Mountlake Terrace region is seeing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Mountlake Terrace region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 77 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Mountlake Terrace are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1987 and are Class B.
Real time and historical data on commercial real estate listings in Mountlake Terrace.
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