Tigard Neighborhood Area 5 Industrial

Tigard Neighborhood Area 5

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,290
As of: January 21, 2017

Tigard Neighborhood Area 5 Rates

Most listings are in the $20's per square foot per year. The Tigard Neighborhood Area 5 submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decline in rent.

Compared to the rest of the Greater Portland market, the Tigard Neighborhood Area 5 submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Tigard Neighborhood Area 5 Listing Supply

In the last 90 days, 28 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the Tigard Neighborhood Area 5 are subleases, so you might be able to find a shorter term or below market rent. 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 1,290 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1985 and are Class B.

Tigard Neighborhood Area 5 Community

A large portion of this region is residential, but there's plenty of office_space. Information is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Tigard Neighborhood Area 5 folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Tigard Neighborhood Area 5.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Tigard Neighborhood Area 5.
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