On average, listings lease in the $20's per square foot per year. The Downtown Columbus region is going through a a boost 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 higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 872 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the Downtown Columbus are subleases, so you will probably have to focus your search on direct office leases. 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 3,490 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this region were built in 1943 and are Class B.
This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Columbus residents. 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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