Riverside Office Space For Lease

Riverside

Market Report

Number of Listings For Lease
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,550

Riverside Commercial Real Estate

Find Riverside commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Riverside commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Riverside Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Riverside region is seeing a a boost in rates. In the last 3 months, the median rate for lease went up $26 per sqft per year.

Compared to the rest of the Chicagoland commercial real estate market, the Riverside region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Riverside Listing Supply

In the last 90 days, 9 commercial real estate listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available commercial real estate leases in the Riverside are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,550 sqft. Most properties in this market are approximately 3 floors. Most buildings in this area were built close to 1871 and are Class B.

Riverside Community

Market Data

Real time and historical data on commercial real estate listings in Riverside.
Research