The typical asking rate per listing is in the $20's per square foot per year. The Rainier Valley region is experiencing a a boost in rates. In the last 3 months, the median rate increased $24 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Rainier Valley submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,110 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the residents of Rainier Valley 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.