Northeast Columbus Office Space

Northeast Columbus

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,220
As of: August 15, 2017

Northeast Columbus Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northeast Columbus submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Columbus market, the Northeast Columbus submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Northeast Columbus Listing Supply

In the last 90 days, 18 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Northeast Columbus 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,220 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1998 and are Class A.

Northeast Columbus Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Northeast Columbus occupants. Commuting approximately 30 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 Northeast Columbus.
Market Report

Market Data

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