The typical asking rate per listing is in the $20's per square foot per year. The Canyon Park submarket is going through a a boost in rates. In the last 3 months, the median rate increased $23 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Canyon Park region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 16 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 44% of the available leases in the Canyon Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,770 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1999 and are Class A.
This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Canyon Park residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.