The typical asking rate per listing is in the $10's per square foot per year. The Sawmill Ravines submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $14 per sqft per year.
Compared to the rest of the Columbus market, the Sawmill Ravines submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 21 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 860 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Sawmill Ravines folk. Commuting around 30 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 Sawmill Ravines.
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