On average, listings lease in the $10's per square foot per year. The Hazel Dell region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decline in rent.
Compared to the rest of the Greater Portland market, the Hazel Dell submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 listings have been listed, which means leases are probably 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 800 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 1979 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Hazel Dell residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.