On average, listings lease in the $20's per square foot per year. The Bridle Trails submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Bridle Trails region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 4 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Bridle Trails are subleases, so you might be able to snag a great spot on a short term. 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 9,410 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Bridle Trails residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.