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229 Commercial Real Estate Listings in Hillsboro, OR

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Hillsboro, OR Commercial Real Estate

There are currently 232 commercial listings available in Hillsboro, OR. These listings include 52 commercial spaces that encompass a total of 489,545 square feet. Available commercial spaces in Hillsboro, OR range in size from 3 square feet to 63,000 square feet. A total of 185 off-market commercial properties located in Hillsboro, OR are also available for research.

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Hillsboro, OR Commercial Inventory Breakdown

In 2022 the Hillsboro, OR commercial real estate market totaled 6,428,624 square feet of office spaces, 3,077,491 square feet of office spaces with retail, and 12,104,110 square feet of industrial space.

Office Spaces

Total: 6,428,624 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 2,539,624 SqFt 39.5% of total office
100k to 500k SqFt 2,589,000 SqFt 40.27% of total office
> 1M SqFt 1,300,000 SqFt 20.22% of total office
By class:
Class A 1,983,581 SqFt 30.86% of total office
Class B 3,893,541 SqFt 60.57% of total office
Class C 141,002 SqFt 2.19% of total office


Class A office space holds a 30.86% share of the overall Hillsboro, OR office market, while Class B office assets make up approximately 60.57%.

Industrial

Total: 12,104,110 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 2,791,851 SqFt 23.07% of total industrial
100k to 500k SqFt 5,941,859 SqFt 49.09% of total industrial
500k to 1M SqFt 640,000 SqFt 5.29% of total industrial
> 1M SqFt 2,730,400 SqFt 22.56% of total industrial
By class:
Class A 4,321,875 SqFt 35.71% of total industrial
Class B 7,518,798 SqFt 62.12% of total industrial
Class C 263,437 SqFt 2.18% of total industrial
There are 5,941,859 square feet of commercial real estate properties between 100k to 500k square feet, representing 49.09% of the Hillsboro, OR industrial inventory. Class A assets total 4,321,875 square feet of industrial space, with an additional 7,518,798 square feet of Class B and 263,437 square feet of Class C properties.

Office Spaces with Retail

Total: 3,077,491 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 571,931 SqFt 18.58% of total office with retail
100k to 500k SqFt 2,505,560 SqFt 81.42% of total office with retail

Hillsboro, OR Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Hillsboro, OR Office 16 116,839
Hillsboro, OR Retail 15 100,859
Hillsboro, OR Industrial 14 249,822
Hillsboro, OR Other 59 471,133
Ofice Icon

16

Office

Industrial Icon

14

Industrial

Retail Icon

15

Retail

Current local active listing encompass 938,653 square feet of commercial space for lease in Hillsboro. There are 16 active office listings, which amount to 116,839 square feet and account for 15% of commercial spaces on the market. Local retail availability includes 100,859 square feet across 15 listings. Current industrial offerings on the market amount to 249,822 square feet across a total of 14.

Employment in Hillsboro, OR

Employed Population 55,742

Employed population - Industry % Distribution

Management, business, science, and arts occupations

46%

Sales and office occupations

19%

Service occupations

15%

Production, transportation, and material moving occupations

11%

Natural resources, construction, and maintenance occupations

8%

In 2020, roughly 46% of a total of 55,742 employed in Hillsboro worked in Management, business, science, and arts occupations, followed by 19% in Sales and office occupations and 15% in Service occupations.

Income per capita $37,824  Median household income $86,038

Household income

22%

Under $50k

36%

$50k - $100k

31%

$100k - $200k

10%

Over $200k

The median household income in Hillsboro stands at $86,038, with per capita income at $37,824. Households earning between $50k and $100k represent 36% of the total, while those earning over $200k make up 10%. Approximately 22% of Hillsboro households earn less than $50k per year.

Commuting in Hillsboro, OR

Mean travel time to work 23 minutes

Means of transportation to work

74.10%

Driving alone

10.50%

Carpool

7.50%

Public transit

0.70%

Bicycle

3.40%

Walking

0.90%

Other

2.90%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Hillsboro in 2020 was 23 minutes. Around 74.10% of workers commute by Driving alone, 10.50% Carpool and 7.50% by Public transit.

Education in Hillsboro, OR

High school grad or higher 91%

Bachelor's degree or higher 41%

Population by minimum level of education

9%

No degree

20%

High school

29%

Some College

22%

Bachelor's

19%

Post-grad

*Universe: Workers 25 and over

An estimated 91% of Hillsboro residents aged 25 or over hold a high school degree or higher. Of those, 20% are high school graduates, 29% attended some college, 22% earned a bachelor's degree, with an additional 19% holding post-graduate degrees.

Hillsboro, OR Demographics

As of 2020, Hillsboro had a total population of 109,120, with a median age of 34.40 years. Roughly 67.10% of the total population was between the ages of 16 and 64 years old.