On average, listings lease in the $20's per square foot per year. The River Mountain submarket is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 23% decline in rent.
In the last 90 days, 59 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available leases in the River Mountain are subleases, so you will probably have to consider a longer term 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.
Even though the median size is 4,210 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this area were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst River Mountain occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in River Mountain.
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