On average, listings lease in the $20's per square foot per year. The Lower Queen Anne region is going through a a rise in rates. In the last 3 months, the median rate increased $25 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Lower Queen Anne submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the Lower Queen Anne 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,450 sqft. Most buildings in this market are close to 4 stories. Most buildings in this market were built in 1964 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Lower Queen Anne work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.