Rhode Island Commercial Real Estate

860 Waterman Ave - 4 Spaces East Providence, RI HVAC
Sep 23
1,800 - 2,500
sqft
Office

Rhode Island

Market Report

Number of Listings
Posted in the last 90 days
328
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,800

Rhode Island Rates

Most listings are in the $20's per square foot per year. The Rhode Island region is seeing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 24% decline in rent.

Rhode Island Listing Supply

In the last 90 days, 1192 listings have been made available, so you'll want to check back regularly for new listings. About 25% of the office spaces in the Rhode Island 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1955 and are Class B.

Rhode Island Community

Market Data

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