The typical asking rate per listing is in the $20's per square foot per year. The Melody Hill region is going through a an increase in rates. In the last 3 months, the median rate increased $29 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Melody Hill submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been listed, which means leases might be going fast. 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.
The standard measurement for office space in this area is around 890 sqft. Most properties in this market are around 3 floors. Most buildings in this region were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Melody Hill folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.