The typical asking rate per listing is in the $30's per square foot per year. The Wilburton submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $34 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Wilburton region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 127% of the available leases in the Wilburton are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,610 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1980 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst Wilburton residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.