Riverside Retail

Riverside

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,450
As of: February 24, 2017

Riverside Rates

On average, listings lease in the $20's per square foot per year. The Riverside submarket is going through a decline in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 43% decrease in rent.

Compared to the rest of the Greater Austin market, the Riverside submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Riverside Listing Supply

In the last 90 days, 1 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,450 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market were built in 2016 and are Class A.

Riverside Community

Not much of the real estate is used for commercial space, so it might be hard to find 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 occupants. Commuting more than 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 Riverside.
Market Report

Market Data

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