On average, listings lease in the $10's per square foot per year. The Walnut Valley region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 224 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the listings in the Walnut Valley 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,470 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1986 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Most of the residents of Walnut Valley work from home. Commuting approximately 15 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 Valley.
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