Mountlake Terrace Commercial Real Estate

Mountlake Terrace

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
6,000

Mountlake Terrace Rates

Most listings are in the $30's per square foot per year. The Mountlake Terrace region is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 14% rise in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Mountlake Terrace region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Mountlake Terrace Listing Supply

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 available space in the Mountlake Terrace are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 6,000 sqft, there are still 0 leases 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.

Mountlake Terrace Community

Market Data

Real time and historical data on commercial real estate listings in Mountlake Terrace.
Research