Bayside Retail

Bayside

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
6,550
As of: July 21, 2017

Bayside Rates

Most listings are in the $10's per square foot per year. The Bayside region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 17% decrease in rent.

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

Bayside Listing Supply

In the last 90 days, 17 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 12% of the listings in the Bayside are subleases, so you might be able to snag a great spot on a short term. 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 6,550 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1921 and are Class B.

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