The typical asking rate per listing is in the $30's per square foot per year. The Lake Oswego region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Greater Portland market, the Lake Oswego submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 18 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces in the Lake Oswego are subleases, so you might be able to snag a great spot on a short term. 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 4,130 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this region were built in 1988 and are Class A.