Indiana Industrial

Indiana

Office Space Market Report

Number of Listings (last 90 days)
1,078
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,230
As of: August 18, 2017

Indiana Rates

On average, listings lease in the $20's per square foot per year. The Indiana region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.

Indiana Listing Supply

In the last 90 days, 1078 listings have come on the market, so you'll want to check back regularly for new listings. About 80% of the available space in the Indiana 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,280 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1972 and are Class B.

Indiana Community

Market Report

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

Market Data

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