The typical asking rate per listing is in the $40's per square foot per year. The International District region is experiencing a a boost in rates. In the last 3 months, the median rate increased $48 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the International District region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 9,460 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 9 floors. Most buildings in this market were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst International District occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.