On average, listings lease in the $10's per square foot per year. The Northeast Lakewood region is seeing a a boost in rates. In the last 3 months, the median rate increased $17 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Northeast Lakewood region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have been listed, which means spaces might be 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.
The standard measurement for office space in this area is around 2,120 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1978 and are Class C.
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 market. Commute by walking is the most popular way to get to work amongst Northeast Lakewood occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.