Portland Retail Space

Portland

Market Report

Number of Listings
Posted in the last 90 days
43
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,400

Portland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Portland region is going through a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 38% decrease in rent.

Portland Listing Supply

In the last 90 days, 948 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the Portland 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,880 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1900 and are Class B.

Portland Community

Market Data

Real time and historical data on commercial real estate listings in Portland.
Research