Northwoods Office Space

Northwoods

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
4,670
As of: June 22, 2017

Northwoods Rates

The typical asking rate per listing is in the $10's per square foot per year. The Northwoods submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year.

Compared to the rest of the Columbus market, the Northwoods submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Northwoods Listing Supply

In the last 90 days, 1 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 1,200% of the available leases in the Northwoods 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,670 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this market were built in 1988 and are Class B.

Northwoods Community

A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Northwoods folk. Commuting approximately 20 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 Northwoods.
Market Report

Market Data

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