Five Oaks Retail

Five Oaks

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,820
As of: July 19, 2017

Five Oaks Rates

Most listings are in the $30's per square foot per year. The Five Oaks submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $32 per sqft per year.

Compared to the rest of the Greater Portland market, the Five Oaks submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Five Oaks Listing Supply

In the last 90 days, 5 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Five Oaks are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,820 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 2001 and are Class B.

Five Oaks Community

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 Five Oaks 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 Five Oaks.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Five Oaks.
Research