The typical asking rate per listing is in the $20's per square foot per year. The Woods of Josephinium submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.
Compared to the rest of the Columbus market, the Woods of Josephinium submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Woods of Josephinium are subleases, so you might be able to snag a great spot on a short term. 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 1,120 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 1987 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find 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 Woods of Josephinium residents. Commuting approximately 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 Woods of Josephinium.
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