The typical asking rate per listing is in the $40's per square foot per year. The Rock Creek submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $44 per sqft per year.
Compared to the rest of the Greater Portland market, the Rock Creek submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 0 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the listings in the Rock Creek are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,700 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market were built in 2016.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Rock Creek residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.