Most listings are in the $0's per square foot per year. The Walnut Hill region is seeing a decline in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 18 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Walnut Hill are subleases, so you will probably have to focus your search on direct office leases. 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 1,530 sqft. Most buildings in this region are close to 14 stories. Most buildings in this market were built in 1929 and are Class A.
Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Walnut Hill residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.