On average, listings lease in the $20's per square foot per year. The Tigard Neighborhood Area 5 region is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Greater Portland market, the Tigard Neighborhood Area 5 region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 41 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available space in the Tigard Neighborhood Area 5 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,820 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1985 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Tigard Neighborhood Area 5 occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.