On average, listings lease in the $20's per square foot per year. The Edmonds submarket is going through a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Edmonds region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available leases in the Edmonds are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 980 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1985 and are Class B.