Indianapolis For Sale

Indianapolis

Office Space Market Report

Number of Listings (last 90 days)
435
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,970
As of: July 19, 2017

Indianapolis Rates

The typical asking rate per listing is in the $20's per square foot per year. The Indianapolis region is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.

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

Indianapolis Listing Supply

In the last 90 days, 435 listings have been posted online, so you'll want to check back regularly for new listings. About 45% of the available space in the Indianapolis 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,640 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1959 and are Class B.

Indianapolis Community

Market Report

Trends and status of the commercial real estate market in Indianapolis.
Market Report

Market Data

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