Riverside Office Space

Riverside

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,560
As of: January 17, 2017

Riverside Rates

The typical asking rate per listing is in the $20's per square foot per year. The Riverside submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.

Riverside Listing Supply

In the last 90 days, 29 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available leases 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 1,560 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built in 1912 and are Class A.

Riverside Community

A large portion of this area 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