Most listings are in the $20's per square foot per year. The Hazelwood region is experiencing a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 31% decrease in rent.
Compared to the rest of the Greater Portland market, the Hazelwood submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 810 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Hazelwood folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.