Castleton Retail Space

Castleton

Market Report

Number of Listings
Posted in the last 90 days
38
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,160

Castleton Rates

Most listings are in the $20's per square foot per year. The Castleton region is seeing a decrease in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.

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

Castleton Listing Supply

In the last 90 days, 397 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the listings in the Castleton are subleases, so you will probably have to focus your search on direct office leases. 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 2,160 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this area were built in 1978 and are Class A.

Castleton Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Castleton residents. Commuting between 30 and 45 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 Castleton.
Research