On average, listings lease in the $10's per square foot per year. The Walnut Valley region is going through 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 listed, so you'll want to check back regularly for new listings. About 5% of the available space in the Walnut Valley are subleases, so you will probably have to consider a longer term lease. 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 market 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 region. 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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