Riverside Industrial

Riverside

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,750
As of: December 2, 2016

Riverside Rates

The typical asking rate per listing is in the $220's per square foot per year. The Riverside submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $203 per sqft per year. That's a 1,059% rise in rent.

Compared to the rest of the Jacksonville market, the Riverside region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Riverside Listing Supply

In the last 90 days, 5 listings have been listed, which means new listings are probably leasing quickly. 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.

Even though the median size is 2,750 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 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 folk. Commuting approximately 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