The typical asking rate per listing is in the $20's per square foot per year. The Lake Oswego region is going through a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 21% decline in rent.
Compared to the rest of the Greater Portland market, the Lake Oswego submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 16 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,520 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this region were built in 1988 and are Class A.