Compared to the rest of the Metropolitan Los Angeles market, the Walnut submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 15 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 33% of the office spaces in the Walnut are subleases, so you might be able to find a shorter term or below market rent. 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 1,250 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 2008 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Walnut folk. Commuting between 30 and 45 minutes 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 Walnut.
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