Lake Grove Sublease

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Lake Grove

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
330
As of: December 7, 2016

Lake Grove Rates

Most listings are in the $20's per square foot per year. The Lake Grove region is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.

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

Lake Grove Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 330 sqft.

Lake Grove Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Lake Grove occupants. 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 Lake Grove.
Market Report

Market Data

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