The typical asking rate per listing is in the $40's per square foot per year. The Cascade region is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Cascade submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 28 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 18% of the office spaces in the Cascade are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 11,150 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 5 floors. Most buildings in this region were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this region. Most of the occupants of Cascade work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.