Most listings are in the $60's per square foot per year. The Central Seattle region is seeing a an increase in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Central Seattle region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 4 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Central Seattle 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,850 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this market were built in 2001 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 region. Commute by car is the most popular way to get to work amongst Central Seattle folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.