South Perry Industrial

South Perry

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
15,720

Compared to the rest of the Indianapolis market, the South Perry submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

South Perry Listing Supply

In the last 90 days, 35 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the South Perry are subleases, so you will probably have to consider a longer term lease. 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 15,720 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 1986 and are Class B.

South Perry Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst South Perry residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in South Perry.
Research