The typical asking rate per listing is in the $20's per square foot per year. The Montavilla submarket is going through a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year.
Compared to the rest of the Greater Portland market, the Montavilla region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 12 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 880 sqft. Most buildings in this region were built in 1978 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Montavilla folk. Commuting under 5 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 Montavilla.
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