The typical asking rate per listing is in the $40's per square foot per year. The Lakeview submarket is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 17% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Lakeview submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 3 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 67% of the available leases in the Lakeview are subleases, so you might be able to find a shorter term or below market rent. 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 8,370 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 1987 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Lakeview occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.