Kerns Retail


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Kerns Rates

On average, listings lease in the $20's per square foot per year. The Kerns region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 33% decrease in rent.

Compared to the rest of the Greater Portland market, the Kerns region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Kerns Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this region 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 folk. Commuting around 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.