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