On average, listings lease in the $10's per square foot per year. The South Portland region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 280 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the office spaces in the South Portland 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 2,100 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1974 and are Class A.
Real time and historical data on commercial real estate listings in South Portland.
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