Downtown Columbia Office Space

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,000
As of: July 19, 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 experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

Downtown Columbia Listing Supply

In the last 90 days, 12 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Downtown Columbia are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 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 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