Most listings are in the $40's per square foot per year. The Broadway region is experiencing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Broadway submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 11 listings have been made available, which means office spaces 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 610 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this region were built in 1919 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Most of the occupants of Broadway work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.