Riverside Office Space

Riverside

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
5,490
As of: March 11, 2017

Riverside Rates

Most listings are in the $10's per square foot per year. The Riverside submarket is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the Jacksonville market, the Riverside region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Riverside Listing Supply

In the last 90 days, 5 listings have been made available, 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,490 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1972 and are Class B.

Riverside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Riverside folk. Commuting close to 20 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.
Market Report

Market Data

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