Northwoods Industrial Space

Northwoods

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,460

Northwoods Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northwoods region is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the Columbus market, the Northwoods submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Northwoods Listing Supply

In the last 90 days, 46 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Northwoods are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,460 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1987 and are Class B.

Northwoods Community

A large portion of this area is residential, but there's plenty of 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 Northwoods folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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