Pacific Ridge Commercial Real Estate

Pacific Ridge

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
280

Compared to the rest of the Seattle Metropolitan Area market, the Pacific Ridge region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Pacific Ridge Listing Supply

In the last 90 days, 8 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 38% of the office spaces in the Pacific Ridge are subleases, so you might be able to find a shorter term or below market rent. 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 6,200 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this area were built in 1998 and are Class A.

Pacific Ridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the residents of Pacific Ridge work from home. 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 Pacific Ridge.
Research