Westerville Industrial

Westerville

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
3,530
As of: March 12, 2017

Westerville Rates

Most listings are in the $10's per square foot per year. The Westerville submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Westerville Listing Supply

In the last 90 days, 26 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available space in the Westerville 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 3,530 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1988 and are Class B.

Westerville Community

Market Report

Trends and status of the commercial real estate market in Westerville.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westerville.
Research

Westerville Submarkets