Most listings are in the $20's per square foot per year. The Cascade Park region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Greater Portland market, the Cascade Park region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,010 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Cascade Park folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.