On average, listings lease in the $20's per square foot per year. The Downtown Auburn submarket is going through a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 23% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Downtown Auburn region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 400% of the available leases in the Downtown Auburn 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.
The standard measurement for office space in this area is around 2,500 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1975 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Downtown Auburn residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.