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Most commerial real estate listings for lease are in the $20's per square foot per year. The Knolls West submarket is experiencing a a boost in rates. In the last 3 months, the median rate for lease increased $6 per sqft per year. That's a 39% rise in rent.
Compared to the rest of the Columbus commercial real estate market, the Knolls West submarket has more expensive rates for rent, and you may need to make a great offer to be in this hot submarket.
In the last 180 days, 87 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate space in the Knolls West are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,550 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built close to 1978 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Knolls West residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Knolls West.
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