On average, listings lease in the $20's per square foot per year. The Southeast Salem region is seeing a a boost in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 85% rise in rent.
In the last 90 days, 4 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 150% of the office spaces in the Southeast Salem are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 830 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1989 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the occupants of Southeast Salem work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.