The typical asking rate per listing is in the $10's per square foot per year. The Georgetown submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $18 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Georgetown region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 6 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Georgetown are subleases, so you might be able to find a shorter term or below market rent. 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 27,630 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1969 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Georgetown folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.