Most listings are in the $40's per square foot per year. The Lake Oswego submarket is going through a a boost in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 32% rise in rent.
Compared to the rest of the Greater Portland market, the Lake Oswego submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 16 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 113% of the available leases in the Lake Oswego 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 4 stories. Most buildings in this area were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Lake Oswego residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.