Richmond Hill Retail

Richmond Hill

Office Space Market Report

Number of Listings (last 90 days)
As of: October 26, 2016

Richmond Hill Rates

The typical asking rate per listing is in the $0's per square foot per year. The Richmond Hill submarket is seeing a decline in rates. In the last 3 months, the median rate fell $46 per sqft per year. That's a 100% decline in rent.

Richmond Hill Listing Supply

In the last 90 days, 0 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About NaN% of the office spaces in the Richmond Hill are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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  sqft. Most properties in this market are close to 3 stories. Most buildings in this region were built in 1931.

Richmond Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Most of the residents of Richmond Hill work from home. Commuting approximately an hour and a half 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 Richmond Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Richmond Hill.