Northgate Commercial Real Estate

Northgate

Market Report

Number of Listings
Posted in the last 90 days
17
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
630

Northgate Commercial Real Estate

Find Northgate commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Northgate commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Northgate Rates

The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Northgate region is going through a decline in rates. In the last 3 months, the median rate for lease decreased $3 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Northgate submarket has higher rates for rent, and you may have to negotiate above asking rent to be in this hot region.

Northgate Listing Supply

In the last 90 days, 132 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 630 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built around 1975 and are Class B.

Northgate Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Northgate folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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