Mapleton - Fall Creek Commercial Real Estate

Mapleton - Fall Creek

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
3,950

Mapleton - Fall Creek Rates

The typical asking rate per listing is in the $10's per square foot per year. The Mapleton - Fall Creek submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 39% decline in rent.

Compared to the rest of the Indianapolis market, the Mapleton - Fall Creek submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Mapleton - Fall Creek Listing Supply

In the last 90 days, 25 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 12% of the listings in the Mapleton - Fall Creek are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,950 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1920 and are Class C.

Mapleton - Fall Creek Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the residents of Mapleton - Fall Creek work from home. Commuting around an hour 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 Mapleton - Fall Creek.
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