On average, listings lease in the $0's per square foot per year. The Walnut Hill submarket is seeing a decline 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, 8 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,020 sqft. Most properties in this region are around 14 stories. Most buildings in this area were built in 1929 and are Class A.
Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Walnut Hill residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.