Riverdale Retail

Riverdale

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,690
As of: January 22, 2017

Riverdale Rates

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

Riverdale Listing Supply

In the last 90 days, 25 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Riverdale are subleases, so you will probably have to consider a longer term lease. 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 2,690 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this area were built in 1985 and are Class B.

Riverdale Community

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 residents. Commuting approximately 15 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 Riverdale.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Riverdale.
Research