Nora - Far Northside Industrial

We couldn't find any industrial spaces for Lease and Sublease

Nora - Far Northside

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,640
As of: August 18, 2017

Nora - Far Northside Rates

Most listings are in the $20's per square foot per year. The Nora - Far Northside region is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 15% decline in rent.

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

Nora - Far Northside Listing Supply

In the last 90 days, 19 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 79% of the office spaces in the Nora - Far Northside 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,640 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1980 and are Class A.

Nora - Far Northside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Nora - Far Northside occupants. Commuting close to 20 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 Nora - Far Northside.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Nora - Far Northside.
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