Downtown Indianapolis Office Space

Downtown Indianapolis

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 28, 2016

Downtown Indianapolis Rates

On average, listings lease in the $20's per square foot per year. The Downtown Indianapolis submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the Indianapolis market, the Downtown Indianapolis region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Downtown Indianapolis Listing Supply

In the last 90 days, 66 listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,430 sqft. Most buildings in this region are around 8 stories. 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 region. 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.