Tigard Neighborhood Area 7 Office Space

Tigard Neighborhood Area 7

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,470
As of: February 26, 2017

Tigard Neighborhood Area 7 Rates

Most listings are in the $30's per square foot per year. The Tigard Neighborhood Area 7 submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the Greater Portland market, the Tigard Neighborhood Area 7 region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Tigard Neighborhood Area 7 Listing Supply

In the last 90 days, 11 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 9% of the listings in the Tigard Neighborhood Area 7 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,470 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 1 stories. Most buildings in this area were built in 2005 and are Class A.

Tigard Neighborhood Area 7 Community

A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Tigard Neighborhood Area 7 folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Tigard Neighborhood Area 7.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Tigard Neighborhood Area 7.
Research