The typical asking rate per listing is in the $10's per square foot per year. The Walnut Hills submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Columbus market, the Walnut Hills submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been listed, which means office spaces 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 7 stories. Most buildings in this area were built in 1974 and are Class B.
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.