On average, listings lease in the $10's per square foot per year. The Busch submarket is going through a decrease in rates. In the last 3 months, the median rate fell $70 per sqft per year. That's a 80% decrease in rent.
Compared to the rest of the Columbus market, the Busch submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 3,680 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Busch residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.