Cascade Park Office Space

Cascade Park

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,010
As of: June 22, 2017

Cascade Park Rates

Most listings are in the $20's per square foot per year. The Cascade Park submarket is going through a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.

Compared to the rest of the Greater Portland market, the Cascade Park region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Cascade Park Listing Supply

In the last 90 days, 1 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the available space in the Cascade Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,010 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 2001 and are Class B.

Cascade Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Cascade Park residents. Commuting close to 10 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 Cascade Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Cascade Park.
Research