Downtown Indianapolis Retail Space For Lease

Downtown Indianapolis

Market Report

Number of Listings For Lease
Posted in the last 90 days
53
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
890

Downtown Indianapolis Commercial Real Estate

Find Downtown Indianapolis 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 Downtown Indianapolis commercial real estate broker in Downtown Indianapolis' Top Broker Directory. Learn about Downtown Indianapolis commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Downtown Indianapolis Rates

On average, commerial real estate listings lease in the $20's per square foot per year. The Downtown Indianapolis region is going through a decline in rates. In the last 3 months, the median rate for lease fell $3 per sqft per year.

Compared to the rest of the Indianapolis commercial real estate market, the Downtown Indianapolis region has more expensive rates for rent, and you may need to pay a premium to be in this hot region.

Downtown Indianapolis Listing Supply

In the last 90 days, 849 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Downtown Indianapolis are subleases, so you will probably have to consider a longer term lease. 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 size for office space in this area is around 890 sqft. Most buildings in this area are close to 7 floors. Most buildings in this region were built approximately 1921 and are Class B.

Downtown Indianapolis Community

A large portion of this market is residential, but there's plenty of office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Indianapolis occupants. Commuting between 20 and 25 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 Downtown Indianapolis.
Research