The typical asking rate per listing is in the $10's per square foot per year. The Riverside submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 13 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 31% of the available space in the Riverside 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.
Even though the median size is 5,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1995 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Riverside occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.