Most listings are in the $20's per square foot per year. The Northeast Columbus submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 16% rise in rent.
Compared to the rest of the Columbus market, the Northeast Columbus submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 18 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 8,260 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this region were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Northeast Columbus folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.