Near Northwest - Riverside Retail Space For Lease

Near Northwest - Riverside

Market Report

Number of Listings For Lease
Posted in the last 90 days
4
Median Size (sqft)
8,000

Near Northwest - Riverside Commercial Real Estate

Find Near Northwest - Riverside 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 Northwest - Riverside commercial real estate broker in Near Northwest - Riverside's Top Broker Directory. Learn about Near Northwest - Riverside commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Near Northwest - Riverside Rates

The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Near Northwest - Riverside submarket is going through a an increase in rates. In the last 3 months, the median rate for lease went up $18 per sqft per year.

Compared to the rest of the Indianapolis commercial real estate market, the Near Northwest - Riverside submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Near Northwest - Riverside Listing Supply

In the last 90 days, 26 commercial real estate listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available commercial real estate leases in the Near Northwest - Riverside are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,480 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built approximately 1948 and are Class B.

Near Northwest - Riverside 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 bike is the most popular way to get to work amongst Near Northwest - Riverside occupants. 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 Near Northwest - Riverside.
Research