South Perry Retail

8031 Madison Ave - Space South Perry, Indianapolis, IN loading dock
Aug 21
26,500
sqft
Retail

South Perry

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
15,720

Compared to the rest of the Indianapolis market, the South Perry region has higher rates, and you'll need to make a great offer to be in this hot submarket.

South Perry Listing Supply

In the last 90 days, 35 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the office spaces in the South Perry are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 15,720 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this region were built in 1986 and are Class B.

South Perry Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst South Perry folk. Commuting around 30 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 South Perry.
Research