Madison Park Industrial

We couldn't find any industrial spaces for Lease and Sublease

Madison Park

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
1,220
As of: June 26, 2017

Madison Park Rates

The typical asking rate per listing is in the $40's per square foot per year. The Madison Park submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $45 per sqft per year.

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

Madison Park Listing Supply

In the last 90 days, 0 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Madison Park 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.

The standard measurement for office space in this area is around 1,220 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1966 and are Class B.

Madison Park 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. Commute by walking is the most popular way to get to work amongst Madison Park folk. Commuting approximately an hour 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 Madison Park.
Market Report

Market Data

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