On average, listings lease in the $20's per square foot per year. The Gateway submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Columbus market, the Gateway submarket 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 been made available, which means listings 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 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 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1996 and are Class B.
Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Gateway residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.