Kirkland Office Space

Kirkland

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,240
As of: February 24, 2017

Kirkland Rates

Most listings are in the $20's per square foot per year. The Kirkland submarket is going through a decline in rates. In the last 3 months, the median rate decreased $14 per sqft per year. That's a 34% decline in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Kirkland region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Kirkland Listing Supply

In the last 90 days, 23 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 22% of the available leases in the Kirkland 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,240 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1987 and are Class A.

Kirkland Community

Market Report

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

Market Data

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