The typical asking rate per listing is in the $10's per square foot per year. The Walnut Hills submarket is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 19% decrease in rent.
Compared to the rest of the Cincinnati market, the Walnut Hills region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 6 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,310 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 4 stories. Most buildings in this market were built in 1949 and are Class B.
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. Commute by public transit is the most popular way to get to work amongst Walnut Hills occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.