On average, listings lease in the $30's per square foot per year. The Wilburton region is experiencing a an increase in rates. In the last 3 months, the median rate rose $37 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Wilburton submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 15 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 93% of the office spaces in the Wilburton 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,760 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1980 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst Wilburton occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.