On average, listings lease in the $10's per square foot per year. The Walnut submarket is seeing 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, 4 listings have been made available, which means new availabilities 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,830 sqft. Most properties in this market are close to 2 stories. Most buildings in this market 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 market. Commute by public transit is the most popular way to get to work amongst Walnut occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.