Compared to the rest of the Indianapolis market, the Five Points submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Five Points 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.
The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1973.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Five Points occupants. Commuting under 5 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 Five Points.
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