The typical asking rate per listing is in the $40's per square foot per year. The Broadway region is going through a a boost in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Broadway submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 10 listings have been posted online, which means leases most likley are 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,930 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1918 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the occupants of Broadway work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.