Sunnyside Sublease

Sunnyside

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,350
As of: June 27, 2017

Sunnyside Rates

On average, listings lease in the $30's per square foot per year. The Sunnyside region is experiencing a a rise in rates. In the last 3 months, the median rate went up $37 per sqft per year.

Compared to the rest of the Greater Portland market, the Sunnyside region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Sunnyside Listing Supply

In the last 90 days, 9 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 56% of the available space in the Sunnyside 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,350 sqft. Most properties in this region are close to 4 stories. Most buildings in this area were built in 1998 and are Class A.

Sunnyside Community

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 area. Commute by car is the most popular way to get to work amongst Sunnyside residents. Commuting close to 15 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 Sunnyside.
Market Report

Market Data

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

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