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.
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.
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.