On average, listings lease in the $30's per square foot per year. The Lake Oswego submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 32% rise in rent.
Compared to the rest of the Greater Portland market, the Lake Oswego region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 16 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the listings in the Lake Oswego 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,170 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this area were built in 1988 and are Class A.