Indianapolis Medical

Indianapolis

Market Report

Number of Listings
Posted in the last 90 days
44
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,180

Indianapolis Rates

The typical asking rate per listing is in the $20's per square foot per year. The Indianapolis region is going through a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.

Compared to the rest of the Indianapolis market, the Indianapolis region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Indianapolis Listing Supply

In the last 90 days, 3104 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the listings in the Indianapolis are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,210 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1968 and are Class B.

Indianapolis Community

Market Data

Real time and historical data on commercial real estate listings in Indianapolis.
Research