The typical asking rate per listing is in the $20's per square foot per year. The Downtown Columbia submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% rise in rent.
In the last 90 days, 34 listings have come on the market, which means office spaces are probably 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,600 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1968 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Columbia residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.