The typical asking rate per listing is in the $40's per square foot per year. The City Center North submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $48 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the City Center North region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 10,790 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 6 stories. Most buildings in this market were built in 1970.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the occupants of City Center North work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.