Most listings are in the $30's per square foot per year. The Central Seattle region is going through a decline in rates. In the last 3 months, the median rate fell $28 per sqft per year. That's a 47% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Central Seattle region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 300% of the listings in the Central Seattle 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,740 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1988 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Seattle residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.