Riverside Industrial

Riverside

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
900
As of: January 15, 2017

Riverside Rates

Most listings are in the $10's per square foot per year. The Riverside submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $206 per sqft per year. That's a 93% decrease in rent.

Compared to the rest of the Jacksonville market, the Riverside region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Riverside Listing Supply

In the last 90 days, 8 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,380 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1972 and are Class B.

Riverside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Riverside occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Riverside.
Market Report

Market Data

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