Northgate Industrial

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

Northgate

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
2,030
As of: July 24, 2017

Northgate Rates

On average, listings lease in the $40's per square foot per year. The Northgate region is experiencing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Northgate region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Northgate Listing Supply

In the last 90 days, 10 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 10% of the available space in the Northgate are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,030 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1982 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. Finance and insurance are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst Northgate folk. Commuting between 30 and 45 minutes 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