The typical asking rate per listing is in the $20's per square foot per year. The Uptown District submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 23% rise in rent.
Compared to the rest of the Columbus market, the Uptown District submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 21 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the listings in the Uptown District are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,280 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 5 stories. Most buildings in this area were built in 1924 and are Class B.
Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Uptown District residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.