Northeast Hillsboro Retail

Northeast Hillsboro

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
7,560
As of: January 18, 2017

Northeast Hillsboro Rates

The typical asking rate per listing is in the $10's per square foot per year. The Northeast Hillsboro region is experiencing a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 47% decline in rent.

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

Northeast Hillsboro Listing Supply

In the last 90 days, 4 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Northeast Hillsboro 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 available, so finding a space for a small business might be tough.

Even though the median size is 12,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1998 and are Class A.

Northeast Hillsboro Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Northeast Hillsboro occupants. Commuting close to 20 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 Northeast Hillsboro.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northeast Hillsboro.
Research