Kerns Retail

Kerns

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,270
As of: February 24, 2017

Kerns Rates

The typical asking rate per listing is in the $30's per square foot per year. The Kerns region is seeing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 20% rise in rent.

Compared to the rest of the Greater Portland market, the Kerns region has higher rates, and you'll need to make a great offer to be in this hot region.

Kerns Listing Supply

In the last 90 days, 9 listings have been posted online, which means new availabilities 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.

The standard measurement for office space in this area is around 2,270 sqft. Most properties in this area are close to 3 stories. Most buildings in this area were built in 1961 and are Class B.

Kerns Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Kerns occupants. Commuting approximately 15 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 Kerns.
Market Report

Market Data

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