Downtown Columbia Office Space

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,200
As of: December 2, 2016

Downtown Columbia Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Columbia submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 36% decline in rent.

Downtown Columbia Listing Supply

In the last 90 days, 2 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,600 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 floors.

Downtown Columbia Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Columbia occupants. Commuting around 15 minutes 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