Downtown Columbus Office Space

Downtown Columbus

Office Space Market Report

Number of Listings (last 90 days)
124
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
4,340
As of: February 24, 2017

Downtown Columbus Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Columbus region is going through a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the Columbus market, the Downtown Columbus region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Columbus Listing Supply

In the last 90 days, 124 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available leases in the Downtown Columbus are subleases, so you will probably have to consider a longer term lease. 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 4,340 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this region were built in 1930 and are Class B.

Downtown Columbus Community

This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Columbus folk. Commuting approximately an hour and a half 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 Columbus.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Columbus.
Research