Downtown Indianapolis Office Space

Downtown Indianapolis

Office Space Market Report

Number of Listings (last 90 days)
118
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,000
As of: February 26, 2017

Downtown Indianapolis Rates

Compared to the rest of the Indianapolis market, the Downtown Indianapolis region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Indianapolis Listing Supply

In the last 90 days, 118 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the listings in the Downtown Indianapolis are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 8 floors. Most buildings in this region were built in 1921 and are Class B.

Downtown Indianapolis Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Indianapolis occupants. Commuting between 20 and 25 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 Downtown Indianapolis.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Indianapolis.
Research