On average, listings lease in the $10's per square foot per year. The Denny Whitford submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Greater Portland market, the Denny Whitford submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 59 listings have been made available, so you'll want to check back regularly for new listings. About 14% of the available space in the Denny Whitford are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,030 sqft. Most properties in this region are close to 1 stories. Most buildings in this region were built in 2004 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the occupants of Denny Whitford work from home. Commuting approximately an hour and a half 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 Denny Whitford.
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