Compared to the rest of the Greater Portland market, the Cascade Park submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 28 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available space in the Cascade Park are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,010 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Cascade Park residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Cascade Park.
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