The typical asking rate per listing is in the $10's per square foot per year. The Sherwood - Tualatin South region is experiencing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 37% decrease in rent.
Compared to the rest of the Greater Portland market, the Sherwood - Tualatin South region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been listed, which means spaces are probably leasing quickly. 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.
The standard measurement for office space in this area is around 2,270 sqft. Most buildings in this market were built in 1994 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the occupants of Sherwood - Tualatin South work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.