Cedar Hills - Cedar Mill Retail

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Cedar Hills - Cedar Mill

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
4,970
As of: June 21, 2017

Cedar Hills - Cedar Mill Rates

The typical asking rate per listing is in the $30's per square foot per year. The Cedar Hills - Cedar Mill region is experiencing a a boost in rates. In the last 3 months, the median rate increased $37 per sqft per year.

Compared to the rest of the Greater Portland market, the Cedar Hills - Cedar Mill region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Cedar Hills - Cedar Mill Listing Supply

In the last 90 days, 4 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the Cedar Hills - Cedar Mill 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 4,970 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 2002 and are Class B.

Cedar Hills - Cedar Mill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Cedar Hills - Cedar Mill 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 Cedar Hills - Cedar Mill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Cedar Hills - Cedar Mill.
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Cedar Mill Submarkets