Castleton Commercial Real Estate

8085 Knue Rd - 2 Spaces Castleton, Indianapolis, IN wide open area
Aug 09
4,300 - 6,130
sqft
Office
8085 Knue Rd - 2 Spaces Castleton, Indianapolis, IN large area for cubicles
Aug 09
10,430 - 12,190
sqft
Office
8140 Knue Rd - 2 Spaces Castleton, Indianapolis, IN  
Aug 08
1,370 - 2,280
sqft
Office Medical Retail
6081 E 82nd St - 5 Spaces Indianapolis city (balance), IN wide open space
Aug 08
1,460 - 12,780
sqft
Office

Castleton

Market Report

Number of Listings
Posted in the last 90 days
36
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,260

Castleton Rates

Most listings are in the $20's per square foot per year. The Castleton submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Indianapolis market, the Castleton region has higher rates, and you'll need to pay a premium to be in this hot region.

Castleton Listing Supply

In the last 90 days, 397 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the available leases in the Castleton 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.

Even though the median size is 3,260 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1980 and are Class A.

Castleton 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 area. Commute by walking is the most popular way to get to work amongst Castleton 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 Castleton.
Research