Most listings are in the $50's per square foot per year. The City Center North region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 1% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the City Center North region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 1 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,390 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 6 floors. Most buildings in this area were built in 1970.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Most of the folk of City Center North work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.