On average, listings lease in the $30's per square foot per year. The Northeast Hillsboro submarket is going through a a boost in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 49% rise in rent.
Compared to the rest of the Greater Portland market, the Northeast Hillsboro submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 7,140 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region 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 approximately 20 minutes a day is the norm for those who opt to reside in this part of town.