On average, listings lease in the $10's per square foot per year. The Knolls West region is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Columbus market, the Knolls West submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 87 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Knolls West are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 13,040 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1979 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Knolls West folk. Commuting close to an hour 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 Knolls West.
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