Most listings are in the $20's per square foot per year. The Northeast Portland submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 22% decrease in rent.
Compared to the rest of the Greater Portland market, the Northeast Portland region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 3 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 133% of the available leases in the Northeast Portland are subleases, so you might be able to snag a great spot on a short term. 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 1,100 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1931 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Northeast Portland occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.