Tigard Neighborhood Area 5 Sublease

Tigard Neighborhood Area 5

Office Space Market Report

Number of Listings (last 90 days)
41
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,480
As of: June 22, 2017

Tigard Neighborhood Area 5 Rates

On average, listings lease in the $20's per square foot per year. The Tigard Neighborhood Area 5 submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $23 per sqft per year.

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

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 22% 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 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 1,480 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1986 and are Class B.

Tigard Neighborhood Area 5 Community

A large portion of this market is residential, but there's plenty of office_space. Information is the dominant industry in this market. 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.

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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