College Park Retail Space

College Park

Market Report

Number of Listings
Posted in the last 90 days
35
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,210

College Park Rates

On average, listings lease in the $20's per square foot per year. The College Park submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Indianapolis market, the College Park region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

College Park Listing Supply

In the last 90 days, 227 listings have been listed, so you'll want to check back regularly for new listings. About 16% of the office spaces in the College Park 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 3,060 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this region were built in 1982 and are Class B.

College Park Community

A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst College Park 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 College Park.
Research