On average, listings lease in the $20's per square foot per year. The Northgate submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 66% rise in rent.
In the last 90 days, 5 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 6,530 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 1971 and are Class B.
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 region. Commute by walking is the most popular way to get to work amongst Northgate residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.