Far Eastside Industrial

Far Eastside

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
10,300
As of: February 21, 2017

Far Eastside Rates

Most listings are in the $10's per square foot per year. The Far Eastside submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 25% decrease in rent.

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

Far Eastside Listing Supply

In the last 90 days, 5 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 10,300 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this region were built in 1920 and are Class Class B.

Far Eastside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Far Eastside occupants. Commuting around an hour and a half 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 Far Eastside.
Market Report

Market Data

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