Riverside Office Space

Riverside

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,800
As of: February 19, 2017

Riverside Rates

Most listings are in the $20's per square foot per year. The Riverside region is experiencing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

Riverside Listing Supply

In the last 90 days, 32 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the office spaces in the Riverside are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,800 sqft. Most buildings in this market are around 3 stories. Most buildings in this region were built in 1911 and are Class A.

Riverside Community

A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Riverside residents. Commuting around 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