The typical asking rate per listing is in the $20's per square foot per year. The Raleigh West submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Greater Portland market, the Raleigh West submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 21 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the office spaces in the Raleigh West are subleases, so you will probably have to focus your search on direct office leases. 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 1,580 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1974 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Raleigh West residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.