The typical asking rate per listing is in the $20's per square foot per year. The Vigo County region is going through a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year.
In the last 90 days, 29 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Vigo County are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,200 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built in 1975 and are Class A.
Real time and historical data on commercial real estate listings in Vigo County.
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