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Near Northside Office Space For Lease

Near Northside

Market Report

Number of Listings For Lease
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
8,910

Near Northside Commercial Real Estate

Find Near Northside commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Near Northside commercial real estate broker in Near Northside's Top Broker Directory. Learn about Near Northside commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Near Northside Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Near Northside region is going through a a rise in rates. In the last 3 months, the median rate for lease went up $8 per sqft per year. That's a 36% increase in rent.

Compared to the rest of the Indianapolis commercial real estate market, the Near Northside region has higher rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.

Near Northside Listing Supply

In the last 90 days, 44 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 8,910 sqft. Most properties in this region are around 3 stories. Most buildings in this area were built approximately 1958 and are Class B.

Near Northside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Near Northside occupants. Commuting approximately 10 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 Near Northside.
Research