Downtown Columbia Industrial

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
4,380
As of: February 26, 2017

Downtown Columbia Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Columbia region is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% rise in rent.

Downtown Columbia Listing Supply

In the last 90 days, 35 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the available leases in the Downtown Columbia are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,900 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1968 and are Class B.

Downtown Columbia Community

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 area. Commute by bike is the most popular way to get to work amongst Downtown Columbia occupants. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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