Most listings are in the $30's per square foot per year. The Cedar Hills - Cedar Mill submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Greater Portland market, the Cedar Hills - Cedar Mill region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 4 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the Cedar Hills - Cedar Mill 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,200 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst Cedar Hills - Cedar Mill residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.