The typical asking rate per listing is in the $10's per square foot per year. The East Columbus region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Columbus market, the East Columbus region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 23 listings have come on the market, which means spaces most likley are leasing quickly. 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 3,450 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1988 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst East Columbus residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.