The typical asking rate per listing is in the $20's per square foot per year. The Downtown Columbus region is seeing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% rise in rent.
Compared to the rest of the Columbus market, the Downtown Columbus submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 126 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available leases in the Downtown Columbus are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,040 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this region were built in 1930 and are Class B.
This market 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 occupants. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.