On average, listings lease in the $10's per square foot per year. The Sylvan-Highlands submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Greater Portland market, the Sylvan-Highlands region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 17 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1971 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the folk of Sylvan-Highlands work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.