The typical asking rate per listing is in the $20's per square foot per year. The Northeast Hillsboro submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Greater Portland market, the Northeast Hillsboro submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 10 listings have come on the market, which means leases most likley are 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 98,820 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this area were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Northeast Hillsboro occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.