On average, listings lease in the $20's per square foot per year. The Central Kenmore submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $21 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Central Kenmore submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Central Kenmore are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, 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 area 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 approximately 30 minutes a day is the norm for those who opt to reside in this part of town.