On average, listings lease in the $10's per square foot per year. The Riverdale region is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.
In the last 90 days, 33 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 27% of the available leases in the Riverdale are subleases, so you might be able to find a shorter term or below market rent. 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 3,330 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1991 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Riverdale occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.