Most listings are in the $20's per square foot per year. The Mountlake Terrace region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Mountlake Terrace region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,550 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1989 and are Class A.