Most listings are in the $50's per square foot per year. The East Main submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year. That's a 100% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the East Main submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 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. 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 43,980 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 11 stories. Most buildings in this region were built in 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of East Main work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.