Polaris Sublease

Polaris

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,410
As of: January 22, 2017

Polaris Rates

The typical asking rate per listing is in the $10's per square foot per year. The Polaris region is experiencing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.

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

Polaris Listing Supply

In the last 90 days, 8 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,410 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 1999 and are Class B.

Polaris Community

This area is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. 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