Most listings are in the $20's per square foot per year. The Totem Lake region is going through a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Totem Lake region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 19 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,360 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1986 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Most of the residents of Totem Lake work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.