On average, listings lease in the $20's per square foot per year. The Walnut Hills region is seeing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the Cincinnati market, the Walnut Hills submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 12 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,790 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this area 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 region. Commute by public transit is the most popular way to get to work amongst Walnut Hills occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.