On average, listings lease in the $10's per square foot per year. The St. Johns submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Portland market, the St. Johns region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,980 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1985 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst St. Johns occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.