The typical asking rate per listing is in the $20's per square foot per year. The Fletcher Place submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $28 per sqft per year.
Compared to the rest of the Indianapolis market, the Fletcher Place submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 10 listings have been listed, which means spaces most likley are leasing quickly. 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.
Even though the median size is 3,990 sqft, there are still 0 office spaces below 2,000 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Fletcher Place folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Fletcher Place.
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