On average, listings lease in the $0's per square foot per year. The Walnut Hill region is experiencing a decline in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 8 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 1,020 sqft. Most buildings in this market are around 14 stories. Most buildings in this region 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 folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.