Most listings are in the $30's per square foot per year. The Cascade submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Cascade region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 18 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces 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 6,180 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 5 stories. Most buildings in this area were built in 1984 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. 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.