Parkrose Industrial

Parkrose

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
5,600

Compared to the rest of the Greater Portland market, the Parkrose submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Parkrose Listing Supply

In the last 90 days, 37 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings in the Parkrose are subleases, so you will probably have to consider a longer term lease. 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 5,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1999 and are Class A.

Parkrose Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Parkrose residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Parkrose.
Research