Most listings are in the $10's per square foot per year. The Bull Mountain submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 38% decrease in rent.
Compared to the rest of the Greater Portland market, the Bull Mountain region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been made available, which means new availabilities are probably 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Bull Mountain folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.