Tigard Neighborhood Area 5 Sublease

Tigard Neighborhood Area 5

Office Space Market Report

Number of Listings (last 90 days)
41
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,480
As of: July 27, 2017

Tigard Neighborhood Area 5 Rates

Most listings are in the $20's per square foot per year. The Tigard Neighborhood Area 5 submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.

Compared to the rest of the Greater Portland market, the Tigard Neighborhood Area 5 submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Tigard Neighborhood Area 5 Listing Supply

In the last 90 days, 41 listings have come on the market, so you'll want to check back regularly for new listings. About 20% of the listings in the Tigard Neighborhood Area 5 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 1,480 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1988 and are Class B.

Tigard Neighborhood Area 5 Community

A large portion of this region is residential, but there's plenty of office_space. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Tigard Neighborhood Area 5 occupants. Commuting around 20 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 Tigard Neighborhood Area 5.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Tigard Neighborhood Area 5.
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