Parkrose Sublease

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Parkrose

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,190
As of: February 23, 2017

Parkrose Rates

Most listings are in the $20's per square foot per year. The Parkrose submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decline in rent.

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

Parkrose Listing Supply

In the last 90 days, 4 listings have come on the market, which means office spaces most likley are 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,190 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 2008 and are Class A.

Parkrose Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Parkrose occupants. Commuting between 20 and 25 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 Parkrose.
Market Report

Market Data

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