Riverside Industrial

Riverside

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,030
As of: February 24, 2017

Riverside Rates

The typical asking rate per listing is in the $10's per square foot per year. The Riverside region is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 18% increase in rent.

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

Riverside Listing Supply

In the last 90 days, 7 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,750 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area 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 area. Commute by motorcycle is the most popular way to get to work amongst Riverside folk. 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