On average, listings lease in the $10's per square foot per year. The Northeast Salem submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year.
In the last 90 days, 1 listings have been listed, which means leases most likley are going fast. 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.
Even though the median size is 6,450 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this area were built in 1980 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northeast Salem occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.