Sylvan-Highlands Retail

Sylvan-Highlands

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,550
As of: July 23, 2017

Sylvan-Highlands Rates

On average, listings lease in the $30's per square foot per year. The Sylvan-Highlands submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a 80% rise in rent.

Compared to the rest of the Greater Portland market, the Sylvan-Highlands region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Sylvan-Highlands Listing Supply

In the last 90 days, 16 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 38% of the available leases in the Sylvan-Highlands are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,550 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1971 and are Class C.

Sylvan-Highlands Community

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. Most of the folk of Sylvan-Highlands work from home. Commuting close to an hour 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 Sylvan-Highlands.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sylvan-Highlands.
Research