Riviera-Westchester Office Space

Riviera-Westchester

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,860
As of: February 27, 2017

Riviera-Westchester Rates

Most listings are in the $10's per square foot per year. The Riviera-Westchester submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 49% decline in rent.

Riviera-Westchester Listing Supply

In the last 90 days, 9 listings have come on the market, 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,860 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1986 and are Class B.

Riviera-Westchester Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Riviera-Westchester residents. Commuting around 30 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 Riviera-Westchester.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Riviera-Westchester.
Research