Chapel Hill Village Office Space

Chapel Hill Village

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Chapel Hill Village Rates

The typical asking rate per listing is in the $10's per square foot per year. The Chapel Hill Village submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $19 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Indianapolis market, the Chapel Hill Village region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Chapel Hill Village Listing Supply

In the last 90 days, 3 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,100 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market were built in 0 and are Class B.

Chapel Hill Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Chapel Hill Village residents. Commuting close to an hour 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 Chapel Hill Village.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Chapel Hill Village.