North College Park Retail

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North College Park

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
2,600
As of: June 24, 2017

North College Park Rates

Most listings are in the $40's per square foot per year. The North College Park region is experiencing a a rise in rates. In the last 3 months, the median rate went up $41 per sqft per year.

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, 4 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available leases in the North College Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,600 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. 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 area. Commute by public transit is the most popular way to get to work amongst North College Park occupants. Commuting close to 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