On average, listings lease in the $50's per square foot per year. The Riverside Airport region is experiencing a an increase in rates. In the last 3 months, the median rate went up $54 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Riverside Airport region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 114% of the office spaces in the Riverside Airport are subleases, so you might be able to snag a great spot on a short term. 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 670 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 2008.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Riverside Airport occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.