Northern Woods Retail Space For Lease

Northern Woods

Market Report

Number of Listings For Lease
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
12,500

Northern Woods Commercial Real Estate

Find Northern Woods commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Northern Woods commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Northern Woods Rates

The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Northern Woods submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease rose $6 per sqft per year. That's a 40% increase in rent.

Compared to the rest of the Columbus commercial real estate market, the Northern Woods region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Northern Woods Listing Supply

In the last 90 days, 103 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Northern Woods are subleases, so you will probably have to focus your search on direct leases. 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 size for office space in this area is around 12,500 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built approximately 1988 and are Class B.

Northern Woods Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Northern Woods folk. Commuting between 30 and 45 minutes 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 Northern Woods.
Research