On average, listings lease in the $40's per square foot per year. The Rock Creek region is going through a a boost in rates. In the last 3 months, the median rate rose $44 per sqft per year.
Compared to the rest of the Greater Portland market, the Rock Creek region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been made available, which means new listings 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.
Even though the median size is 3,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area were built in 2016.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Rock Creek occupants. Commuting between 20 and 25 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 Rock Creek.
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