North College Park Office Space

North College Park

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
2,990
As of: January 22, 2017

North College Park Rates

Most listings are in the $30's per square foot per year. The North College Park region is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 12% increase in rent.

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

North College Park Listing Supply

In the last 90 days, 5 listings have been posted online, which means 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,990 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1982 and are Class A.

North College Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst North College Park residents. Commuting around 20 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 North College Park.
Market Report

Market Data

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