The typical asking rate per listing is in the $10's per square foot per year. The East Columbus submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Columbus market, the East Columbus submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 37 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the office spaces in the East Columbus 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,100 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst East Columbus occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.