Compared to the rest of the Seattle Metropolitan Area market, the University Place region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 0 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the University Place 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,960 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1985 and are Class B.