Northeast Seattle Retail

Northeast Seattle

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$95
Median Size (sqft)
5,800
As of: June 23, 2017

Northeast Seattle Rates

Most listings are in the $40's per square foot per year. The Northeast Seattle submarket is going through a a boost in rates. In the last 3 months, the median rate went up $48 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the Northeast Seattle region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Northeast Seattle Listing Supply

In the last 90 days, 2 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the listings in the Northeast Seattle 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,800 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this region were built in 1969 and are Class A.

Northeast Seattle Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Northeast Seattle occupants. 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 Northeast Seattle.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northeast Seattle.
Research