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.
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.
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.