On average, listings lease in the $30's per square foot per year. The Wilburton submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Wilburton region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the listings 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.
Even though the median size is 2,990 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1980 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Wilburton folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.