Westerville Office Space

Westerville

Office Space Market Report

Number of Listings (last 90 days)
249
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
5,950
As of: August 22, 2017

Westerville Rates

Most listings are in the $10's per square foot per year. The Westerville submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% rise in rent.

Westerville Listing Supply

In the last 90 days, 26 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 69% of the listings in the Westerville 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,950 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1988 and are Class B.

Westerville Community

Market Report

Trends and status of the commercial real estate market in Westerville.
Market Report

Market Data

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

Westerville Submarkets