On average, listings lease in the $10's per square foot per year. The Walnut submarket is going through a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.
In the last 90 days, 5 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,400 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1947 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Walnut residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.