The typical asking rate per listing is in the $20's per square foot per year. The River District submarket is going through a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 14% rise in rent.
In the last 90 days, 42 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the office spaces in the River District are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 360 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1925 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst River District occupants. Commuting under 5 minutes 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 District.
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