Most listings are in the $30's per square foot per year. The Northgate region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Northgate submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 9 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,490 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1979 and are Class B.
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 market. Commute by motorcycle is the most popular way to get to work amongst Northgate occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.