Most listings are in the $50's per square foot per year. The East Main submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a 100% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the East Main region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 43,980 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 11 floors. Most buildings in this market were built in 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of East Main work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.