Bayside Office Space

Bayside

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,130
As of: March 13, 2017

Bayside Rates

The typical asking rate per listing is in the $20's per square foot per year. The Bayside region is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Bayside region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Bayside Listing Supply

In the last 90 days, 17 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,130 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1921 and are Class A.

Bayside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the folk of Bayside work from home. 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 Bayside.
Market Report

Market Data

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