Polaris Retail

Polaris

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
54,000
As of: December 5, 2016

Polaris Rates

Most listings are in the $10's per square foot per year. The Polaris region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Compared to the rest of the Columbus market, the Polaris submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Polaris Listing Supply

In the last 90 days, 9 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space in the Polaris 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 32,514 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 4 floors. Most buildings in this area were built in 1998 and are Class B.

Polaris Community

This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Polaris 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 Polaris.
Market Report

Market Data

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