Compared to the rest of the Seattle Metropolitan Area market, the Lower Queen Anne submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 67% of the office spaces in the Lower Queen Anne are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,750 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this area were built in 1969 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Lower Queen Anne work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.