Most listings are in the $20's per square foot per year. The Tigard Neighborhood Area 5 submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decrease in rent.
Compared to the rest of the Greater Portland market, the Tigard Neighborhood Area 5 submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 3 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 9,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1985 and are Class B.
A large portion of this market 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 residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.