Five Oaks Retail Space

Five Oaks

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
7,240

Five Oaks Rates

The typical asking rate per listing is in the $30's per square foot per year. The Five Oaks region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.

Compared to the rest of the Greater Portland market, the Five Oaks region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Five Oaks Listing Supply

In the last 90 days, 47 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings in the Five Oaks are subleases, so you will probably have to consider a longer term lease. 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 7,240 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1996 and are Class A.

Five Oaks Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Five Oaks residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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