The typical asking rate per listing is in the $10's per square foot per year. The Bull Mountain submarket is going through a a boost 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 Bull Mountain region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Bull Mountain 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 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 1,730 sqft. Most buildings in this area were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Bull Mountain folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.