The typical asking rate per listing is in the $10's per square foot per year. The Busch submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $70 per sqft per year. That's a 80% decline in rent.
Compared to the rest of the Columbus market, the Busch region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 6 listings have been posted online, which means leases might be 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,680 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Busch folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.