On average, listings lease in the $30's per square foot per year. The Edgewood region is seeing a a rise in rates. In the last 3 months, the median rate increased $34 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Edgewood region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available leases in the Edgewood 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,650 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built in 1974.