Compared to the rest of the Seattle Metropolitan Area market, the Totem Lake submarket 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 posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 18% of the available space in the Totem Lake 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,570 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1986 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Most of the occupants of Totem Lake work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.