The typical asking rate per listing is in the $20's per square foot per year. The Cascade Park region is going through a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.
Compared to the rest of the Greater Portland market, the Cascade Park region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 300% of the available leases in the Cascade Park are subleases, so you might be able to snag a great spot on a short term. 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 1,010 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Cascade Park residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.