Riverside Airport Office Space

Riverside Airport

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,500
As of: August 18, 2017

Riverside Airport Rates

The typical asking rate per listing is in the $10's per square foot per year. The Riverside Airport region is going through a decrease in rates. In the last 3 months, the median rate decreased $35 per sqft per year. That's a 66% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Riverside Airport submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Riverside Airport Listing Supply

In the last 90 days, 7 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the listings in the Riverside Airport 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 2,500 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 2005 and are Class C.

Riverside Airport Community

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 region. Commute by public transit is the most popular way to get to work amongst Riverside Airport occupants. Commuting around 15 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 Airport.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Riverside Airport.
Research

Jurupa Valley Submarkets