Fircrest Retail

Fircrest

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
18,880
As of: June 27, 2017

Fircrest Rates

The typical asking rate per listing is in the $20's per square foot per year. The Fircrest region is going through a a boost in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Compared to the rest of the Greater Portland market, the Fircrest submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Fircrest Listing Supply

In the last 90 days, 3 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the Fircrest 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 18,880 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1998 and are Class B.

Fircrest 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 market. Most of the residents of Fircrest work from home. Commuting between 30 and 45 minutes 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 Fircrest.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Fircrest.
Research