The typical asking rate per listing is in the $20's per square foot per year. The Hazelwood submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decrease in rent.
Compared to the rest of the Greater Portland market, the Hazelwood region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 64 listings have been made available, so you'll want to check back regularly for new listings. About 11% of the listings in the Hazelwood 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 890 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1979 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 market. Commute by car is the most popular way to get to work amongst Hazelwood occupants. Commuting close to an hour 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 Hazelwood.
Get email notifications when new listings are posted that match your requirements.