The typical asking rate per listing is in the $10's per square foot per year. The I69-Fall Creek submarket is going through a a boost in rates. In the last 3 months, the median rate increased $14 per sqft per year.
Compared to the rest of the Indianapolis market, the I69-Fall Creek region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 5 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 60% of the listings in the I69-Fall Creek 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1979 and are Class B.
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 area. Commute by car is the most popular way to get to work amongst I69-Fall Creek occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.