Most listings are in the $20's per square foot per year. The I69-Fall Creek submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Indianapolis market, the I69-Fall Creek region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 13 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the office spaces in the I69-Fall Creek are subleases, so you will probably have to consider a longer term lease. 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 2,530 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 1975 and are Class C.
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 car is the most popular way to get to work amongst I69-Fall Creek folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.