Cumberland Ridge Retail

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Cumberland Ridge

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
710
As of: February 24, 2017

Cumberland Ridge Rates

The typical asking rate per listing is in the $20's per square foot per year. The Cumberland Ridge region is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the Columbus market, the Cumberland Ridge submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Cumberland Ridge Listing Supply

In the last 90 days, 1 listings have been listed, which means office spaces most likley are 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.

The standard measurement for office space in this area is around 710 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 2001 and are Class A.

Cumberland Ridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Cumberland Ridge occupants. Commuting between 30 and 45 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 Cumberland Ridge.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Cumberland Ridge.
Research