Most listings are in the $20's per square foot per year. The Downtown Columbia submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.
In the last 90 days, 30 listings have been posted online, which means listings might be 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 5,400 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1969 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Columbia residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.