The typical asking rate per listing is in the $20's per square foot per year. The Downtown Columbus region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Columbus market, the Downtown Columbus region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 45 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the listings 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,830 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this market were built in 1927 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 close to an hour and a half a day is the norm for those who opt to reside in this part of town.