Riverview Office Space

Riverview

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
5,000

Riverview Rates

On average, listings lease in the $10's per square foot per year. The Riverview submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 29% decrease in rent.

Riverview Listing Supply

In the last 90 days, 18 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 22% of the available leases in the Riverview are subleases, so you might be able to find a shorter term or below market rent. 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 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1957 and are Class A.

Riverview Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Riverview residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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