On average, listings lease in the $0's per square foot per year. The Hendricks County submarket is going through a decrease in rates. In the last 3 months, the median rate fell $23 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 9 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the listings in the Hendricks County are subleases, so you might be able to find a shorter term or below market rent. 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 sqft. Most buildings in this region are close to 1 stories. Most buildings in this region were built in 1964 and are Class B.