Riverside Office Space

Riverside

Office Space Market Report

Number of Listings (last 90 days)
88
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,140
As of: September 24, 2016

Riverside Rates

The typical asking rate per listing is in the $20's per square foot per year. The Riverside submarket is going through a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% rise in rent.

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

Riverside Listing Supply

In the last 90 days, 92 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available leases in the Riverside are subleases, so you will probably have to consider a longer term lease. 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 2,140 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1989 and are Class C.

Riverside Community