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