South Portland Commercial Real Estate For Lease

0841 SW Gaines St - 3 Spaces South Portland, Portland, OR plus NNN
Sep 18
1,590 - 3,920
sqft
Retail Restaurant

South Portland

Market Report

Number of Listings For Lease
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
190

South Portland Commercial Real Estate

Find South Portland 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 South Portland commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

South Portland Rates

On average, commerial real estate listings lease in the $20's per square foot per year. The South Portland submarket is going through a a rise in rates. In the last 3 months, the median rate for lease increased $4 per sqft per year. That's a 19% rise in rent.

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

South Portland Listing Supply

In the last 90 days, 123 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 4,660 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built around 1954 and are Class B.

South Portland Community

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 region. Commute by public transit is the most popular way to get to work amongst South Portland folk. Commuting around 20 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 South Portland.
Research