Most listings are in the $20's per square foot per year. The Trader's Point region is seeing a a boost in rates. In the last 3 months, the median rate increased $23 per sqft per year.
Compared to the rest of the Indianapolis market, the Trader's Point submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 36 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the available leases in the Trader's Point 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 available, so finding a space for a small business might be tough.
Even though the median size is 8,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Trader's Point folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Trader's Point.
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