Downtown Columbia Sublease

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
4,380
As of: February 27, 2017

Downtown Columbia Rates

On average, listings lease in the $20's per square foot per year. The Downtown Columbia submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 9% rise in rent.

Downtown Columbia Listing Supply

In the last 90 days, 37 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the office spaces in the Downtown Columbia are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,380 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market 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 market. Commute by bike is the most popular way to get to work amongst Downtown Columbia occupants. 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