Downtown Columbia Office Space

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,100
As of: February 21, 2017

Downtown Columbia Rates

On average, listings lease in the $10'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 $1 per sqft per year. That's a 7% decline in rent.

Downtown Columbia Listing Supply

In the last 90 days, 14 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the office spaces in the Downtown Columbia are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,100 sqft. Most properties in this market are around 2 stories.

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 area. Commute by public transit is the most popular way to get to work amongst Downtown Columbia residents. Commuting approximately 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