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Kerns Commercial Real Estate For Lease

Kerns

Market Report

Number of Listings For Lease
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,140

Kerns Commercial Real Estate

Find Kerns commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Kerns commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Kerns Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Kerns submarket is experiencing a decrease in rates. In the last 3 months, the median rate for lease decreased $5 per sqft per year.

Compared to the rest of the Greater Portland commercial real estate market, the Kerns submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Kerns Listing Supply

In the last 90 days, 91 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate space in the Kerns are subleases, so you will probably have to focus your search on direct leases. 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 size for office space in this area is around 2,140 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built close to 1930 and are Class B.

Kerns Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Kerns occupants. Commuting close to 15 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 Kerns.
Research