Sullivan's Gulch Sublease

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Sullivan's Gulch

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
330
As of: June 27, 2017

Sullivan's Gulch Rates

On average, listings lease in the $10's per square foot per year. The Sullivan's Gulch region is experiencing a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year.

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

Sullivan's Gulch Listing Supply

In the last 90 days, 0 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Sullivan's Gulch 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 330 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1958.

Sullivan's Gulch Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the residents of Sullivan's Gulch work from home. Commuting between 30 and 45 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 Sullivan's Gulch.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sullivan's Gulch.
Research