Downtown Indianapolis Industrial

Downtown Indianapolis

Office Space Market Report

Number of Listings (last 90 days)
110
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
4,180
As of: January 23, 2017

Downtown Indianapolis Rates

Compared to the rest of the Indianapolis market, the Downtown Indianapolis submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Downtown Indianapolis Listing Supply

In the last 90 days, 109 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available leases in the Downtown Indianapolis are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,180 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 8 stories. Most buildings in this market were built in 1921 and are Class B.

Downtown Indianapolis Community

A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Indianapolis occupants. Commuting between 20 and 25 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 Downtown Indianapolis.
Market Report

Market Data

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