Most listings are in the $20's per square foot per year. The Hearth Stone submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $23 per sqft per year.
Compared to the rest of the Indianapolis market, the Hearth Stone region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 83 listings have been listed, so you'll want to check back regularly for new listings. 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 3,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1977 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Hearth Stone residents. Commuting approximately 30 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 Hearth Stone.
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