On average, listings lease in the $20's per square foot per year. The Renton region is seeing a a boost in rates. In the last 3 months, the median rate increased $29 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Renton region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 18 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 72% of the listings in the Renton 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,210 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1983 and are Class A.