On average, listings lease in the $20's per square foot per year. The Northeast Hillsboro region is experiencing a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 45% rise in rent.
Compared to the rest of the Greater Portland market, the Northeast Hillsboro submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 10 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the Northeast Hillsboro are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 7,560 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Northeast Hillsboro occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.