On average, listings lease in the $20's per square foot per year. The Arena District submarket is going through a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year.
Compared to the rest of the Columbus market, the Arena District region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 86% of the available leases in the Arena District are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this region were built in 2000 and are Class A.
Waste services is the dominant industry in this region. Most of the residents of Arena District work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.