Most listings are in the $20's per square foot per year. The Bayside submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Bayside region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 17 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 12% of the office spaces in the Bayside 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,760 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the occupants of Bayside 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.