INDUSTRIAL SPACE FOR LEASE IN COLUMBUS

Why implement your industrial space in Columbus? 

Columbus, Ohio, boasts a robust industrial real estate market, offering a wide range of industrial spaces for lease to accommodate various business needs. From warehouses and distribution centers to manufacturing facilities and flex spaces, Columbus provides a diverse selection of options for businesses looking to establish or expand their operations. These industrial spaces often feature ample square footage, high ceilings, loading docks, and advanced infrastructure to support efficient and streamlined operations. 

With its strategic location and excellent transportation network, including major highways and rail connections, Columbus is an ideal hub for logistics and supply chain management. Moreover, the city's business-friendly environment and skilled workforce further enhance its appeal for industrial tenants. Whether it's a small-scale operation or a large-scale industrial enterprise, Columbus offers a vibrant and competitive market for leasing industrial spaces that can cater to the diverse needs of businesses across various sectors.

How much does it cost to rent an industrial space in Columbus?

The cost of renting an industrial space in Columbus can vary depending on factors such as location, size, condition, and specific requirements. Industrial space rental prices are typically quoted in terms of cost per square foot per year. On average, industrial rental rates in Columbus can range from around $4 to $10 per square foot per year. 

Prime locations with excellent amenities and proximity to major transportation routes may command higher rental rates, while leasing in more remote or less central areas can often be more affordable. 

To read: our Columbus MarketBeat Industrial report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are industrial space rents likely to increase in Columbus?

Columbus has experienced steady economic growth and development in recent years, which can potentially contribute to increased demand for industrial space. As businesses expand, relocate, or establish operations in the area, the demand for industrial space may rise, leading to potential rent increases.

Popular neighborhoods in Columbus

Columbus offers several popular neighborhoods where businesses often seek industrial space for lease. Here are a few notable neighborhoods known for their industrial activity and attractive leasing opportunities:

• Franklinton: Located just west of downtown Columbus, Franklinton is an up-and-coming neighborhood that has seen significant revitalization in recent years. It offers a mix of industrial and creative spaces, making it an attractive option for businesses in sectors such as manufacturing, arts, and technology.
• Easton: Situated on the northeast side of Columbus, Easton is a thriving mixed-use development known for its retail and commercial offerings. It features a range of industrial spaces suitable for distribution centers, warehousing, and logistics operations.
• Grove City: Located southwest of downtown Columbus, Grove City has a strong industrial presence and offers a variety of industrial spaces for lease. It is well-connected to major highways, making it convenient for transportation and distribution operations.
• Westerville: Situated to the northeast of downtown Columbus, Westerville is a vibrant suburb that provides a mix of industrial and commercial spaces. It offers a favorable business environment and convenient access to major transportation routes.
• Hilliard: Located to the northwest of downtown Columbus, Hilliard is a thriving community with a range of industrial properties available for lease. It offers a strategic location and modern amenities to support industrial operations.

Getting to and from Columbus

Getting to and from Columbus is convenient due to its central location and well-developed transportation infrastructure. Here are a few common ways to travel to and from Columbus:

• By Air: Columbus is served by the John Glenn Columbus International Airport (CMH), which offers both domestic and international flights. The airport is located about 6 miles east of downtown Columbus and provides various transportation options to the city center, including taxis, rideshare services, shuttle buses, and car rentals.
• By Car: Columbus is easily accessible by major highways, including I-70, I-71, and I-270. These highways connect the city to other major cities in the region, making road travel a convenient option. If you're driving from nearby cities, such as Cincinnati or Cleveland, you can reach Columbus in a few hours.
• By Bus: Several bus companies, such as Greyhound and Megabus, offer service to Columbus, connecting it with various cities across the United States. The bus terminal is located near downtown Columbus, making it convenient for travelers.
• By Train: Amtrak does not have a station directly in Columbus, but you can reach the city by taking an Amtrak train to nearby cities like Cincinnati or Cleveland and then connecting with a bus or rental car to reach Columbus.
• Public Transportation: Once in Columbus, you can navigate the city using the Central Ohio Transit Authority (COTA) bus system. COTA provides bus service throughout the city and surrounding suburbs, offering a convenient and affordable means of transportation.