On average, listings lease in the $10's per square foot per year. The Lakewood submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Lakewood submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 10 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,050 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 1980 and are Class C.