Northwoods Retail

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Northwoods

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
4,670
As of: August 18, 2017

Northwoods Rates

On average, listings lease in the $10's per square foot per year. The Northwoods region is experiencing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 11% increase in rent.

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

Northwoods Listing Supply

In the last 90 days, 1 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 1,000% of the office spaces in the Northwoods are subleases, so you might be able to find a shorter term or below market rent. 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 4,670 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this market were built in 1988 and are Class B.

Northwoods Community

A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Northwoods occupants. Commuting approximately 20 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 Northwoods.
Market Report

Market Data

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