The typical asking rate per listing is in the $10's per square foot per year. The Riverside Airport submarket is going through a decline in rates. In the last 3 months, the median rate decreased $35 per sqft per year. That's a 66% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Riverside Airport region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 7 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 114% of the listings in the Riverside Airport are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,500 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 2005 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Riverside Airport residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.