The typical asking rate per listing is in the $10's per square foot per year. The Sherwood region is experiencing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 40% decrease in rent.
In the last 90 days, 2 listings have come on the market, which means new listings might be 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 available, so finding a space for a small business might be tough.
Even though the median size is 6,740 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this area were built in 1985 and are Class B.