On average, listings lease in the $20's per square foot per year. The Tigard region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Greater Portland market, the Tigard region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 459 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the listings in the Tigard 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 1,400 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1988 and are Class A.
Real time and historical data on commercial real estate listings in Tigard.
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