Walnut Hills Office Space

Walnut Hills

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
5,000
As of: June 23, 2017

Walnut Hills Rates

The typical asking rate per listing is in the $10's per square foot per year. The Walnut Hills region is going through a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year.

Compared to the rest of the Columbus market, the Walnut Hills region has lower rates, so you should have no trouble finding a great deal in this discounted region.

Walnut Hills Listing Supply

In the last 90 days, 4 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the available leases in the Walnut Hills are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market were built in 1974 and are Class B.

Walnut Hills Community

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 occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Walnut Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Walnut Hills.
Research