Nora - Far Northside Retail

Nora - Far Northside

Market Report

Number of Listings
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,200

Nora - Far Northside Rates

On average, listings lease in the $20's per square foot per year. The Nora - Far Northside submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the Indianapolis market, the Nora - Far Northside region has greater rates, and you'll need to pay a premium to be in this hot region.

Nora - Far Northside Listing Supply

In the last 90 days, 114 listings have been made available, so you'll want to check back regularly for new listings. About 13% of the available space in the Nora - Far Northside are subleases, so you might be able to find a shorter term or below market rent. 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 3,200 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1980 and are Class A.

Nora - Far Northside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Nora - Far Northside residents. Commuting around 20 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 Nora - Far Northside.
Research