On average, listings lease in the $20's per square foot per year. The Keystone at The Crossing submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Indianapolis market, the Keystone at The Crossing region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 38 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 45% of the listings in the Keystone at The Crossing 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 available, so finding a space for a small business might be tough.
Even though the median size is 6,960 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this area were built in 1990 and are Class A.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Keystone at The Crossing residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.