Northwoods Retail

Northwoods

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,460

Northwoods Rates

Most listings are in the $20's per square foot per year. The Northwoods submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the Columbus market, the Northwoods submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Northwoods Listing Supply

In the last 90 days, 46 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Northwoods 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 3,460 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this region were built in 1987 and are Class B.

Northwoods Community

A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Northwoods folk. Commuting close to 20 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 Northwoods.
Research