The typical asking rate per listing is in the $10's per square foot per year. The South Portland Gardens region is seeing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 18% increase in rent.
In the last 90 days, 3 listings have been listed, which means listings might be leasing quickly. 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.
Even though the median size is 6,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1981 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Most of the residents of South Portland Gardens work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.