The typical asking rate per listing is in the $50's per square foot per year. The Adams region is going through a a boost in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 45% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Adams region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 3 listings have been made available, which means listings are probably 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,350 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1972 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Most of the residents of Adams work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.