Northgate Industrial

Northgate

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
1,170
As of: June 23, 2017

Northgate Rates

On average, listings lease in the $10's per square foot per year. The Northgate submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $15 per sqft per year.

Northgate Listing Supply

In the last 90 days, 6 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 117% of the office spaces in the Northgate are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,170 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built in 1971 and are Class B.

Northgate 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 market. Commute by walking is the most popular way to get to work amongst Northgate residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Northgate.
Market Report

Market Data

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