On average, listings lease in the $10's per square foot per year. The Salem Village region is going through 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 Salem Village submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 6 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 500 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1973 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Salem Village residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.