Most listings are in the $10's per square foot per year. The Walnut Hills region is going through a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Columbus market, the Walnut Hills region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 4 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Walnut Hills are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 870 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1974 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Walnut Hills residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.