On average, listings lease in the $10's per square foot per year. The Northcrest region is experiencing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Columbus market, the Northcrest region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,500 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1989 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Northcrest residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.