On average, listings lease in the $10's per square foot per year. The Ameriplex region is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the Indianapolis market, the Ameriplex submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been made available, which means leases are probably 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 available, so finding a space for a small business might be tough.
Even though the median size is 31,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 0 and are Class Class A.
Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Ameriplex folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.