Northwest Seattle Office Space

Northwest Seattle

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
2,130

Northwest Seattle Rates

On average, listings lease in the $40's per square foot per year. The Northwest Seattle submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $41 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the Northwest Seattle region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Northwest Seattle Listing Supply

In the last 90 days, 57 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the listings in the Northwest Seattle 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,130 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1982 and are Class A.

Northwest Seattle Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Northwest Seattle residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Northwest Seattle.
Research