Compared to the rest of the Greater Portland market, the Lake Oswego region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 15 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. About 13% of the listings in the Lake Oswego are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,100 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 4 floors. Most buildings in this region were built in 1988 and are Class A.
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 bike is the most popular way to get to work amongst Lake Oswego occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.