The typical asking rate per listing is in the $120's per square foot per year. The Stanley Park region is going through a an increase in rates. In the last 3 months, the median rate rose $93 per sqft per year. That's a 292% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Stanley Park region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means new listings 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.
Even though the median size is 4,590 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 3 stories. Most buildings in this market were built in 1981.
This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Stanley Park residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.