Riverside Industrial

Riverside

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
990
As of: July 22, 2017

Riverside Rates

The typical asking rate per listing is in the $20's per square foot per year. The Riverside submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 12% rise in rent.

Riverside Listing Supply

In the last 90 days, 35 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 94% of the listings in the Riverside 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 990 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1912 and are Class A.

Riverside Community

A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by public transit 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