On average, listings lease in the $40's per square foot per year. The Lakeview region is seeing a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 28% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Lakeview region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been posted online, which means new listings most likley are 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,550 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 1986 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Lakeview residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.