The typical asking rate per listing is in the $40's per square foot per year. The Maple Leaf region is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Maple Leaf region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,970 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this market were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Maple Leaf residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.