Most listings are in the $30's per square foot per year. The Lakeview region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $25 per sqft per year. That's a 42% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Lakeview region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Lakeview 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 5,650 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this market were built in 1986 and are Class A.
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 car is the most popular way to get to work amongst Lakeview residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.