On average, listings lease in the $10's per square foot per year. The Renton region is experiencing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 45% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Renton region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been posted online, which means office spaces 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.
Even though the median size is 4,990 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1983 and are Class A.