On average, listings lease in the $30's per square foot per year. The Lake Oswego region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 12% decline in rent.
Compared to the rest of the Greater Portland market, the Lake Oswego submarket 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 listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the Lake Oswego 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,810 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 4 floors. Most buildings in this market were built in 1988 and are Class A.