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1,137 Commercial Real Estate Listings in Columbus, OH

  • Two Crosswoods - Columbus
    150 Campus View Blvd. E, Pocono, Columbus, OH 43235
    For Lease $9.95/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 14,527 Sqft
  • 6700 North High Street - Worthington
    6700 North High Street, Worthington, OH 43085
    For Lease $12.95/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 200,000 Sqft
  • Ohio Moline Plow Building - Columbus
    343 North Front Street, Arena District, Columbus, OH 43215
    For Lease $25/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,500 Sqft
  • 2740 Airport Drive - Columbus
    2740 Airport Drive, Brentnell, Columbus, OH 43219
    For Lease $14.5/Sqft/Year
    Property
    • Office
    Availability
    • 16 Spaces
    • 73,203 Sqft
  • 35 North 4th Street - Columbus
    35 North 4th Street, Columbus City Center, Columbus, OH 43215
    For Lease $12.6/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 8,886 Sqft
  • 2725-2763 Westbelt Drive - Columbus
    2725 Westbelt Drive, Westbelt, Columbus, OH 43228
    For Lease $3.95/Sqft/Year
    Property
    • Industrial
    Availability
    • 3 Spaces
    • 37,635 Sqft
  • 125-155 West Nationwide Blvd - Columbus
    125 West Nationwide Blvd, Arena District, Columbus, OH 43228
    For Lease $18.34 - $25/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 20,606 Sqft
  • Cascade V - Columbus
    250 East Wilson Bridge Road, Worthington, Columbus, OH 43085
    For Lease $9.95/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 10,233 Sqft
  • Officescape III - Worthington
    400 Wilson Bridge Rd. W, Worthington, OH 43085
    For Lease $16.95/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 10,804 Sqft
  • 540 Officenter Place - Gahanna
    540 Officenter Place, Gahanna, OH 43230
    For Lease $12.95/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 7,894 Sqft
  • 1550 Old Henderson Road - Columbus
    1550 Old Henderson Road, Knolls West, Columbus, OH 43220
    For Lease $8.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 1,561 Sqft
  • 6399 Broughton Avenue - Columbus
    6399 Broughton Avenue, East Columbus City, Columbus, OH 43213
    For Lease $3.6/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 78,000 Sqft
  • The Offices at the Arena - Columbus
    375 Front St. N, Arena District, Columbus, OH 43215
    For Lease $25/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 17,500 Sqft
  • Chatham Office Park - Columbus
    921 Chatham Lane, Cranbrook, Columbus, OH 43221
    For Lease $19.5 - $20/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 12,206 Sqft
  • Arlingate Plaza - Columbus
    1717-4189 Arlingate Lane, Golfview Woods, Columbus, OH 43228
    For Lease $7.95/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 26,014 Sqft
  • 170 East Town Street - Columbus
    170 East Town Street, Columbus City Center, Columbus, OH 43215
    For Lease $19.75/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 24,013 Sqft
  • 941 Chatham Lane - Columbus
    941 Chatham Lane, Cranbrook, Columbus, OH 43221
    For Lease $16.75/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 14,803 Sqft
  • Westbelt Distribution Center - Columbus
    2177-2255 Westbelt Dr., Westbelt, Columbus, OH 43228
    For Lease $3.45/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 34,200 Sqft
  • Bicentennial Plaza - Columbus
    250 Civic Center Drive, River South, Columbus, OH 43215
    For Lease $24/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,251 Sqft
  • 800 Crossroads Commerce Center - Gahanna
    800 Cross Pointe Road, Gahanna, OH 43230
    For Lease $12.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,465 Sqft
  • Commerce Building - Columbus
    35 East Gay Street, Columbus City Center, Columbus, OH 43215
    For Lease $12 - $18/Sqft/Year
    Property
    • Office
    Availability
    • 11 Spaces
    • 28,296 Sqft
  • King Lincoln Gateway - Columbus
    750 East Long Street, Mount Vernon, Columbus, OH 43203
    For Lease $12.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 750 Sqft
  • 250 West Street - Columbus
    250 West Street, Arena District, Columbus, OH 43215
    For Lease $17.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,000 Sqft
  • Northwoods II - Columbus
    8101 North High Street, Northwoods, Columbus, OH 43235
    For Lease $11.5/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 10,051 Sqft
  • Lionmark Corporate Center - Columbus
    4689 Hilton Corporate Drive, Eastland, Columbus, OH 43232
    For Lease $6.75 - $12.5/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 42,735 Sqft

Columbus, OH Commercial Real Estate

There are currently 1,110 commercial listings available in Columbus, OH. These listings include 448 commercial spaces that encompass a total of 4,491,610 square feet. Available commercial spaces in Columbus, OH range in size from 80 square feet to 213,486 square feet. A total of 943 off-market commercial properties located in Columbus, OH are also available for research.

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Columbus, OH Economic Overview

Location Photo

With a population of just over 2 million people, Columbus is the 14th-largest city in the U.S., the 3rd-largest capital city in the country, and the 2nd-largest city in the mid-west after Chicago. The thriving Columbus commercial real estate market is driven in part by its centralized location - nearly half of the population of the U.S., and over 40% of the U.S. manufacturing sector are all within a 10-hour drive of Columbus. Moreover, the region continues to draw new businesses and residents, and encourage business expansions year after year.

Columbus has a broad-based economy, across all business segments–government, education, banking, insurance, defense, health care, hospitality, logistics, steel, energy, technology, medical research and hospitality. As the capital of Ohio, government, professional business services and hospitality, leisure and retail are the largest economic drivers in Columbus, employing over 75% of the total labor force. In 2016, J.D. Power ranked Columbus as the #1 Midwest destination, in terms of visitor satisfaction. Columbus's GDP has consistently increased each year, from just under $70 billion in 2009 to over $95 billion in 2017.

Columbus, OH Commercial Real Estate Market

Columbus was given an 'A' rating by Forbes as one of the top places to do business in the U.S. and was included as one of Businessweek's 50 Best Cities in America. Columbus's diversified economy is the result of decades of cooperative work between business leaders, politicians and long-time corporate residents. As a result, the city is able to attract both institutional and foreign investors. Surprisingly, the CAP rates in Columbus commercial real estate trend a bit higher than in comparable markets, while at the same time offering a lower level of risk, giving investors even more 'bang for their buck'.

The 63 million square feet of office space in Columbus offers tenants rental rates at half as much as they would pay in Chicago and 75% less than what they would pay in New York City. Over the last several years, the business-friendly city has generated over 40,000 new jobs with $6 billion in new capital investment.

The retail market in Columbus has more than 58 million square feet to serve the city's diverse, well-educated residents. The walkable areas that surround the central business district, such as Upper Arlington and Grandview, are booming with hip retail stores, restaurants and entertainment spots. Easton is also a top destination for shopping and entertainment.

With over 250 million square feet of industrial space in Columbus, leasing activity continues to be strong thanks to steadily increasing business investment interest from all parts of the world. Its centralized location and integrated transportation infrastructure of highways, rail and air cargo all connect at the Rickenbacker Inland Port, making Columbus's foreign trade zone the 10th most active in the U.S.

Columbus, OH Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Columbus, OH Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Columbus, OH Commercial Inventory Breakdown

Office Spaces

Total: 51,028,288 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 9,992,712 SF / 19.58% of total office
  • 100k to 500k SF: 25,544,126 SF / 50.06% of total office
  • 500k to 1M SF: 5,792,443 SF / 11.35% of total office
  • > 1M SF: 9,699,007 SF / 19.01% of total office

By class:

  • Class A: 21,997,331 SF / 43.11% of total office
  • Class B: 24,950,719 SF / 48.9% of total office
  • Class C: 2,025,238 SF / 3.97% of total office

Industrial

Total: 84,728,440 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 6,588,096 SF / 7.78% of total industrial
  • 100k to 500k SF: 50,576,000 SF / 59.69% of total industrial
  • 500k to 1M SF: 13,039,830 SF / 15.39% of total industrial
  • > 1M SF: 14,524,514 SF / 17.14% of total industrial

By class:

  • Class A: 37,401,355 SF / 44.14% of total industrial
  • Class B: 44,682,369 SF / 52.74% of total industrial
  • Class C: 1,119,091 SF / 1.32% of total industrial

Employment in Columbus, OH

Employment

Because the business and political leaders of Columbus intentionally began to diversify the economy decades ago, no single industry segment accounts for more than 18% of the city's total employment. Columbus has earned numerous quality-of-life awards including Forbes Best City for Working Moms, 3rd spot on fDi magazine's list of Cities of the Future, Forbes Best Places for Business and Careers, a top-10 city by Relocate America, and Forbes #1 Up-and-Coming Tech City. No wonder that, over the past 10 years, the population of Columbus has grown by more than 50%.

According to the most recent report from the Bureau of Labor Statistics, the Columbus MSA's top six employment sectors are:

  • Government, office & administrative support with 1 million employees
  • Sales-related occupations with 93,000 employees
  • Transportation with 81,000 employees
  • Financial services with 67,000 employees
  • Healthcare with 64,000 employees
  • Education with 60,000 employees

Five Fortune 500 companies have their headquarters in Columbus, including Nationwide Mutual Insurance Company, American Electric Power and Cardinal Health. Because of its centralized location and transportation access to the rest of the U.S., a multitude of food service companies are based in Columbus, including Wendy's, Bob Evans and White Castle. Because the city's economy is so strongly diversified, the demand of office, retail and industrial space in Columbus consistently grows each year.

Education in Columbus, OH

Although it is home to the Ohio State Buckeyes, winners of 8 national NCAA championships, Ohio State University produces more than just championship-winning sports teams. OSU has been rated the 19th best public university in the country by U.S. News & World Report, and has numerous Top 5- or higher-ranked graduate programs including #5 for best veterinary program, #5 for best pharmacy program, #2 for social psychology and #2 for vocational education.

Columbus State Community College is the second public college in Columbus after OSU. There are also many private universities including DeVry University, Ohio Business College, Capital University Law School, and faith-based schools including Ohio Dominican University, Trinity Lutheran Seminary and Ohio Wesleyan University.

With 55,000 students, the Columbus City Schools system is the largest school district in Ohio. The CCS is responsible for the 142 primary and secondary schools, along with several magnet schools. The suburbs of Columbus, which are part of the Columbus MSA, operate their own public school districts. There are also numerous parochial and secular private schools throughout the MSA.

Commuting Time in Columbus, OH

With all the booming business activity in Columbus, one would think that traffic congestion would be a given. In fact, it's just the opposite. So much so, that just last year Columbus was ranked the 2nd-best city for commuters, with residents getting an extra 56 hours per year of additional free time not spent sitting in traffic. However, the city officials are not complacent about the need for mass transit, given that the Columbus MSA is expected to add 500,000 people and 300,000 new jobs over the next couple of decades.

Columbus Demographics

Population

  • Total Population867,628
  • Male Population(48.8 %) 423,547
  • Female Population(51.2 %) 444,081
  • Median Age32.20

Income/Financial

  • Average Household Income$66,077
  • Median Household Income$51,612
  • Median Income Under 25$28,870
  • Median Income 25-44$56,997
  • Median Income 45-64$55,306
  • Median Income Over 65$41,234

News

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