Riverdale Commercial Real Estate

Riverdale

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,330

Riverdale Rates

The typical asking rate per listing is in the $20's per square foot per year. The Riverdale submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 20% rise in rent.

Riverdale Listing Supply

In the last 90 days, 107 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available space in the Riverdale are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,120 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1991 and are Class B.

Riverdale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Riverdale residents. Commuting approximately 15 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 Riverdale.
Research