On average, listings lease in the $30's per square foot per year. The Stanley Park submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $32 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Stanley Park submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 0 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available leases in the Stanley Park are subleases, so you will probably have to consider a longer term 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 3,290 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1981.
This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Stanley Park occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.