The typical asking rate per listing is in the $20's per square foot per year. The Raleigh West region is seeing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Greater Portland market, the Raleigh West submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 21 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 24% of the office spaces in the Raleigh West are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,120 sqft. Most buildings in this market are around 1 stories. Most buildings in this market were built in 1974 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Raleigh West folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.