On average, listings lease in the $30's per square foot per year. The Broadway submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 1% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Broadway region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 11 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 9% of the available leases in the Broadway are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,430 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1917 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 market. Most of the folk of Broadway work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.