The typical asking rate per listing is in the $30's per square foot per year. The Crossroads region is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Crossroads submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 10 listings have been listed, which means listings are probably 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 2,790 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Crossroads folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.