Northern Woods Sublease

Northern Woods

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
5,680
As of: December 10, 2016

Northern Woods Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northern Woods region is seeing a an increase in rates. In the last 3 months, the median rate went up $21 per sqft per year.

Compared to the rest of the Columbus market, the Northern Woods submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Northern Woods Listing Supply

In the last 90 days, 21 listings have come on the market, which means spaces might be 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 5,680 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 1988 and are Class B.

Northern Woods Community

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 region. Commute by car is the most popular way to get to work amongst Northern Woods residents. 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 Northern Woods.
Market Report

Market Data

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