Highlights
- The average rent for office space in Bothell is $32.48 per square foot, 0.52% higher compared to the previous year.
- The market’s vacancy rate stands at 9.45%, lower than the state average of Washington, which is 19.08%.
2025 Office Space Rent & Sales
- $32.48 2025 Avg. Asking Rent
- 0.52% Y-o-Y Avg. Asking Rent Change
- 9.45% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Bothell?
Average asking rents for office space here stand at $32.48 per square foot. The local office market recorded an average vacancy rate of 9.45% in 2025, unchanged from 9.45% in 2024.
Bothell, WA Office Asking Rents by Class
What is the average office rent per square foot by property class in WA?
- Avg. Asking Rent Class A & A+$41.77
- Avg. Asking Rent Class B$29.03
- Avg. Asking Rent Class C$21.15
For comparison, the average rent for Class A and A+ office space in Washington was $41.77 per square foot. The state-wide average for Class B space was $29.03 per square foot, and Class C office spaces averaged $21.15 per square foot.
Bothell, WA Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Bothell | $30.58 | 9.66% |
| Everett | $28.41 | 13.49% |
What are the largest recent office completions in Bothell?
The largest recent office completion here is Junction at 245,000 square feet, completed in 2017. The next largest completions are Bothell Highlands Center and Mill Creek Town Center.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Junction | 18505 Bothell Way NE, 98011 | 245,000 | 2017 |
| McGee Professional Building | 24003 Bothell Everett Hwy, 98012 | 3,877 | 2012 |
| Mill Creek Town Center | 15418 Main Street, 98012 | 167,758 | 2005 |
| RG Professional Center | 18323 Bothell Everett Hwy, 98012 | 39,516 | 2001 |
| North Creek - Building I | 11714 North Creek Pkwy North, 98011 | 39,082 | 2001 |
| Canyon Creek Center - Building 1 | 18303 Bothell Everett Hwy, 98012 | 48,586 | 2000 |
| Creekview at Monte Villa Center | 3350 Monte Villa Pkwy, 98021 | 46,000 | 1999 |
| Bothell Highlands Center | 21919 30th Drive SE, 98021 | 171,855 | 1998 |
| 3830 Monte Villa Pkwy | 3830 Monte Villa Pkwy, 98021 | 63,200 | 1998 |
| 21621 30th Drive SE | 21621 30th Drive SE, 98021 | 60,000 | 1997 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.