Compared to the rest of the Greater Portland market, the Sylvan-Highlands submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 16 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 38% of the available space in the Sylvan-Highlands 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,550 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1971 and are Class C.
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 region. Most of the residents 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.