Most listings are in the $20's per square foot per year. The University Place submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Seattle Metropolitan Area market, the University Place region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 0 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available leases in the University Place are subleases, so you will probably have to focus your search on direct office leases. 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 around 1 stories. Most buildings in this area were built in 1988 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. Commute by public transit is the most popular way to get to work amongst University Place occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.