On average, listings lease in the $10's per square foot per year. The Chapel Hill - Ben Davis region is going through a a rise in rates. In the last 3 months, the median rate increased $19 per sqft per year.
Compared to the rest of the Indianapolis market, the Chapel Hill - Ben Davis submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 6 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the office spaces in the Chapel Hill - Ben Davis are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,900 sqft. Most properties in this market are around 1 stories. Most buildings in this region were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Chapel Hill - Ben Davis occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.