The typical asking rate per listing is in the $10's per square foot per year. The Crosswoods submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Columbus market, the Crosswoods submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 14 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the available leases in the Crosswoods 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 3,420 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1986 and are Class A.
This market is fairly equally mixed residential and commercial. Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Crosswoods folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.