Most listings are in the $20's per square foot per year. The Uptown District region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Columbus market, the Uptown District region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 26 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the office spaces in the Uptown District are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,800 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this market were built in 1924 and are Class B.
Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Uptown District occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.