Hillsboro, OR
Commercial Real Estate Market Trends & Data

$332 Avg asking sale price
$22 Avg asking lease rate
12,716 SF Avg unit lease size
125,645 SF Avg building size for sale
6.06% Average cap rate

Hillsboro's Demographic Profile

Hillsboro has 39,021 households and a median income of $95,745, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 102,733
# Households 39,021
Median age 37
Median household income $95,745
Avg household size 3.0
Renter-occupied housing units 19,685
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Hillsboro, OR

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hillsboro $412 69,333 SF 6.50%
Beaverton $347 48,442 SF 5.00%
Tigard $327 24,105 SF 6.75%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hillsboro $228 151,582 SF 5.85%
Aloha $276 34,704 SF 8.45%
Beaverton $166 118,622 SF 8.45%
Tigard $224 45,578 SF 5.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Hillsboro $474 8,728 SF
Cornelius $498 5,621 SF
Aloha $430 5,750 SF
Beaverton $386 18,877 SF
Tigard $308 12,900 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Hillsboro $207 15,212 SF 6.66%
Aloha $281 32,056 SF 5.81%
Beaverton $231 30,541 SF 6.43%
Tigard $208 48,963 SF 5.82%

Commercial Properties For Sale in Hillsboro

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1875 NE Amberglen Pky

Beaverton, OR 97006

  • 2.21 AC Lot
  • 1 Commercial Lot
  • $3,000,000
For Sale

Pacwest Exhibits

Hillsboro, OR 97124

  • 20,000 SF Industrial Building
  • 5.85% Cap Rate
  • $5,650,000
For Sale

Cornell Place Apartments

Hillsboro, OR 97124

  • 15,212 SF Multifamily
  • 6.66% Cap Rate
  • $3,150,000
For Sale

Bldg G

Hillsboro, OR 97124

  • 18,280 SF Flex Building
  • $525,000
For Sale

215 SW Wood St

Hillsboro, OR 97123

  • 23,500 SF Industrial Building
  • $2,700,000
For Sale

STNL Corporate Guaranteed Jack in the Box

Hillsboro, OR 97124

  • 2,857 SF Retail Building
  • 4.65% Cap Rate
  • $2,600,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Hillsboro pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Hillsboro $332 125,645 SF
Cornelius $240 19,181 SF
Aloha $250 26,377 SF
Beaverton $340 48,688 SF
Tigard $296 27,942 SF

Regional Demographic Comparison

This comparison places Hillsboro alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hillsboro or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cornelius 11,608 3,449 37 $68,185 3 951 1%
Tigard 52,796 21,327 41 $92,365 2 8,935 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hillsboro, OR and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Hillsboro

View All Commercial Real Estate For Sale in Hillsboro
Is Hillsboro a good market for a first-time commercial real estate investor?

Hillsboro offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Hillsboro?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hillsboro. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Hillsboro?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hillsboro. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Hillsboro compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hillsboro. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Hillsboro acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hillsboro, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends