River Road Sublease

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River Road

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

River Road Rates

On average, listings lease in the $30's per square foot per year. The River Road region is going through a a boost in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 74% rise in rent.

River Road Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 16,200 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area were built in 1997 and are Class B.

River Road 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 market. Commute by motorcycle is the most popular way to get to work amongst River Road residents. Commuting between 20 and 25 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 River Road.
Market Report

Market Data

Real time and historical data on commercial real estate listings in River Road.