The typical asking rate per listing is in the $0's per square foot per year. The Walnut Hill submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 6 listings have been made available, which means spaces might be going fast. 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.
The standard measurement for office space in this area is around 1,860 sqft. Most buildings in this region are close to 14 stories. Most buildings in this area were built in 1929 and are Class A.
Construction is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Walnut Hill folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.