Most listings are in the $30's per square foot per year. The Central Seattle region is going through a decline in rates. In the last 3 months, the median rate fell $28 per sqft per year. That's a 47% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Central Seattle region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the office spaces in the Central Seattle are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,740 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1988 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central Seattle residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.