On average, listings lease in the $20's per square foot per year. The Cheesman Park submarket is going through a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year.
In the last 90 days, 3 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the office spaces in the Cheesman Park 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,260 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1902 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the occupants of Cheesman Park work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.