Downtown Columbia Sublease

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
383
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,400
As of: August 22, 2017

Downtown Columbia Rates

On average, listings lease in the $20's per square foot per year. The Downtown Columbia region is going through a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 16% increase in rent.

Downtown Columbia Listing Supply

In the last 90 days, 30 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 123% of the available space in the Downtown Columbia are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,400 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1968 and are Class B.

Downtown Columbia Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Columbia folk. Commuting close to an hour and a half 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 Downtown Columbia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Columbia.
Research