On average, listings lease in the $20's per square foot per year. The Riverside region is experiencing a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 38% rise in rent.
In the last 90 days, 35 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 80% of the available leases in the Riverside 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 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market were built in 1912 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Riverside occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.