On average, listings lease in the $20's per square foot per year. The Fishers submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 27% decrease in rent.
In the last 90 days, 27 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,570 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 0 and are Class A.