Mountlake Terrace Retail

Mountlake Terrace

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,160
As of: June 27, 2017

Mountlake Terrace Rates

On average, listings lease in the $20's per square foot per year. The Mountlake Terrace submarket is going through a a boost in rates. In the last 3 months, the median rate rose $29 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the Mountlake Terrace submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Mountlake Terrace Listing Supply

In the last 90 days, 0 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the Mountlake Terrace 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,160 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1988 and are Class A.

Mountlake Terrace Community

Market Report

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

Market Data

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