The typical asking rate per listing is in the $30's per square foot per year. The Tigard Neighborhood Area 7 region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Greater Portland market, the Tigard Neighborhood Area 7 submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 9 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the listings in the Tigard Neighborhood Area 7 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,470 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this area were built in 2005 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Tigard Neighborhood Area 7 residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.