Tigard Neighborhood Area 5 Sublease

Tigard Neighborhood Area 5

Office Space Market Report

Number of Listings (last 90 days)
41
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,430
As of: March 12, 2017

Tigard Neighborhood Area 5 Rates

The typical asking rate per listing is in the $20's per square foot per year. The Tigard Neighborhood Area 5 region is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 11% rise 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 undervalued region.

Tigard Neighborhood Area 5 Listing Supply

In the last 90 days, 41 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the listings in the Tigard Neighborhood Area 5 are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,430 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1985 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 region. Commute by bike is the most popular way to get to work amongst Tigard Neighborhood Area 5 residents. Commuting approximately 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.
Research