The typical asking rate per listing is in the $20's per square foot per year. The Parkrose submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Greater Portland market, the Parkrose submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the available space in the Parkrose are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,010 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 2008 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Parkrose occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.