Westerville Office Space

Westerville

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
6,890
As of: June 27, 2017

Westerville Rates

On average, listings lease in the $10's per square foot per year. The Westerville region is going through a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year.

Westerville Listing Supply

In the last 90 days, 26 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 96% of the office spaces in the Westerville are subleases, so you might be able to find a shorter term or below market rent. 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 6,890 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1987 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