On average, listings lease in the $50's per square foot per year. The Wilburton region is experiencing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year. That's a 54% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Wilburton submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 15 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,590 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1980 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Wilburton occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.