On average, listings lease in the $20's per square foot per year. The Arena District region is going through a a boost in rates. In the last 3 months, the median rate rose $22 per sqft per year.
Compared to the rest of the Columbus market, the Arena District region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 7 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 86% of the office spaces in the Arena District 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.
The standard measurement for office space in this area is around 2,000 sqft. Most properties in this market are approximately 4 floors. Most buildings in this region were built in 2000 and are Class A.
Waste services is the dominant industry in this region. Most of the residents of Arena District work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.