The typical asking rate per listing is in the $30's per square foot per year. The Hillsboro submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 39% rise in rent.
Compared to the rest of the Greater Portland market, the Hillsboro region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 30 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 22,610 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1999 and are Class A.