Canyon Park Commercial Real Estate

Canyon Park

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
3,240

Canyon Park Rates

Most listings are in the $30's per square foot per year. The Canyon Park region is seeing a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year. That's a 76% rise in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Canyon Park region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Canyon Park Listing Supply

In the last 90 days, 123 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Canyon Park are subleases, so you will probably have to consider a longer term lease. 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 3,240 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1999 and are Class A.

Canyon Park Community

This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Canyon Park occupants. Commuting between 20 and 25 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 Canyon Park.
Research