Downtown Riverfront Sublease

Downtown Riverfront

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,470
As of: December 2, 2016

Downtown Riverfront Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Riverfront submarket is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 25% decline in rent.

Downtown Riverfront Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,470 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 0 and are Class Class B.

Downtown Riverfront Community

This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Most of the occupants of Downtown Riverfront work from home. 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 Downtown Riverfront.
Market Report

Market Data

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