Near Northside Office Space

Near Northside

Market Report

Number of Listings
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
9,000

Near Northside Rates

On average, listings lease in the $20's per square foot per year. The Near Northside submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the Indianapolis market, the Near Northside submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Near Northside Listing Supply

In the last 90 days, 44 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the listings in the Near Northside 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 posted, so finding a space for a small business might be tough.

Even though the median size is 9,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 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 region. Commute by bike is the most popular way to get to work amongst Near Northside residents. Commuting around 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