The typical asking rate per listing is in the $20's per square foot per year. The Paine Field-Lake Stickney region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Paine Field-Lake Stickney region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 7 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,630 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1998.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Paine Field-Lake Stickney residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.