College Park Industrial

College Park

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,540
As of: August 21, 2017

College Park Rates

Most listings are in the $20's per square foot per year. The College Park submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the Indianapolis market, the College Park submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

College Park Listing Supply

In the last 90 days, 19 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 163% of the office spaces in the College Park 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 2,540 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1982 and are Class B.

College Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst College Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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