On average, listings lease in the $40's per square foot per year. The Cascade region is going through a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Cascade submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 28 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 71% of the available leases in the Cascade are subleases, so you might be able to find a shorter term or below market rent. 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 6,470 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 5 stories. Most buildings in this area 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 folk 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.