Riverside Office Space

Riverside

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
15,840
As of: February 26, 2017

Riverside Rates

On average, listings lease in the $10's per square foot per year. The Riverside region is seeing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.

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

Riverside Listing Supply

In the last 90 days, 2 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 15,840 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this area were built in 1998 and are Class A.

Riverside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Riverside folk. Commuting around an hour and a half 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