College Park Office Space

College Park

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,180
As of: August 16, 2017

College Park Rates

On average, listings lease in the $20's per square foot per year. The College Park submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 1% increase in rent.

Compared to the rest of the Indianapolis market, the College Park submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

College Park Listing Supply

In the last 90 days, 19 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 179% of the listings in the College Park 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 3,180 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1982 and are Class B.

College Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst College Park residents. Commuting between 30 and 45 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 College Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in College Park.
Research