The typical asking rate per listing is in the $10's per square foot per year. The Denny Whitford region is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Greater Portland market, the Denny Whitford region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 59 listings have been listed, so you'll want to check back regularly for new listings. About 14% of the listings in the Denny Whitford are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,030 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 2004 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the residents of Denny Whitford work from home. Commuting close to an hour and a half 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 Denny Whitford.
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