On average, listings lease in the $10's per square foot per year. The Bayside submarket is going through a a rise in rates. In the last 3 months, the median rate went up $20 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Bayside submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 17 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 71% of the available space in the Bayside 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 6,550 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the residents of Bayside work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.