Most listings are in the $30's per square foot per year. The Eastlake region is experiencing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year. That's a 164% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Eastlake region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Eastlake are subleases, so you might be able to find a shorter term or below market rent. 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 2,940 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the residents of Eastlake work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.