On average, listings lease in the $20's per square foot per year. The Interbay region is experiencing a a boost in rates. In the last 3 months, the median rate increased $22 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Interbay region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 11 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 55% of the office spaces in the Interbay 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,400 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1992 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Interbay occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.