On average, listings lease in the $20's per square foot per year. The Central Kenmore submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $21 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Central Kenmore submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Central Kenmore 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 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 870 sqft. Most buildings in this region were built in 1950 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the occupants of Central Kenmore work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.