The typical asking rate per listing is 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 decreased $2 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Columbus market, the Uptown District submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 28 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the Uptown District are subleases, so you will probably have to focus your search on direct office leases. 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 5,530 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 8 floors. Most buildings in this market were built in 1924 and are Class B.
Professional services is the dominant industry in this area. 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.