Downtown Columbus Office Space

21 E State St - Space Columbus, OH  
Sep 18
26,570
sqft
Office

Downtown Columbus

Market Report

Number of Listings
Posted in the last 90 days
34
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,400

Downtown Columbus Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Columbus region is seeing a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 39% rise in rent.

Compared to the rest of the Columbus market, the Downtown Columbus region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Columbus Listing Supply

In the last 90 days, 872 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available leases in the Downtown Columbus are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,230 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 4 floors. Most buildings in this area were built in 1943 and are Class B.

Downtown Columbus Community

This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Columbus occupants. Commuting approximately an hour and a half 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 Downtown Columbus.
Research