The typical asking rate per listing is in the $20's per square foot per year. The Eastlake submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $25 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Eastlake submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Eastlake are subleases, so you might be able to snag a great spot on a short term. 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 5,030 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this region were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the residents of Eastlake work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.