Ridgeview Office Space

Ridgeview

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$134
Median Size (sqft)
240
As of: March 29, 2017

Ridgeview Rates

On average, listings lease in the $130's per square foot per year. The Ridgeview submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $101 per sqft per year. That's a 306% rise in rent.

Compared to the rest of the Gold Coast market, the Ridgeview region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Ridgeview Listing Supply

In the last 90 days, 6 listings have been made available, which means new availabilities most likley are 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.

The standard measurement for office space in this area is around 240 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 2006 and are Class A.

Ridgeview Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Ridgeview folk. Commuting between 20 and 25 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 Ridgeview.
Market Report

Market Data

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