On average, listings lease in the $30's per square foot per year. The Seattle submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decrease in rent.
In the last 90 days, 474 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the available space in the Seattle are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,020 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 3 stories. Most buildings in this market were built in 1982 and are Class A.