On average, listings lease in the $20's per square foot per year. The East Main submarket is going through a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 38% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the East Main region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have come on the market, which means spaces most likley are 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,690 sqft. Most properties in this region are approximately 11 stories. Most buildings in this region were built in 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the occupants of East Main work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.