River Mountain Office Space

River Mountain

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,690
As of: July 25, 2017

River Mountain Rates

On average, listings lease in the $20's per square foot per year. The River Mountain submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.

River Mountain Listing Supply

In the last 90 days, 18 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the River Mountain are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,690 sqft. Most properties in this region are around 1 floors. Most buildings in this region were built in 2002 and are Class A.

River Mountain Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst River Mountain residents. Commuting approximately an hour and a half 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 River Mountain.
Market Report

Market Data

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