Downtown Columbia Retail

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,840
As of: July 23, 2017

Downtown Columbia Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Columbia submarket is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.

Downtown Columbia Listing Supply

In the last 90 days, 12 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Downtown Columbia 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,840 sqft. Most buildings in this region 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 region. Commute by public transit is the most popular way to get to work amongst Downtown Columbia occupants. Commuting close to 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