On average, listings lease in the $20's per square foot per year. The East Broad region is seeing a a boost in rates. In the last 3 months, the median rate rose $22 per sqft per year.
Compared to the rest of the Columbus market, the East Broad submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 5 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available space in the East Broad are subleases, so you might be able to sign a shorter term by taking over a previous 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 3,110 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1996 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst East Broad residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.