The typical asking rate per listing is in the $20's per square foot per year. The Walnut Street region is seeing a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.
In the last 90 days, 5 listings have been posted online, which means spaces most likley are leasing quickly. 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.
Even though the median size is 9,260 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1908 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Walnut Street folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.