Downtown Columbia Retail

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,200
As of: December 10, 2016

Downtown Columbia Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Columbia region is going through a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 33% decrease in rent.

Downtown Columbia Listing Supply

In the last 90 days, 4 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most properties in this market are close to 2 stories.

Downtown Columbia Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Columbia occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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