The typical asking rate per listing is in the $20's per square foot per year. The Keystone at The Crossing submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Indianapolis market, the Keystone at The Crossing submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 15 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available space in the Keystone at The Crossing are subleases, so you might be able to snag a great spot on a short term. 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 4,280 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 4 floors. Most buildings in this market were built in 1997 and are Class A.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Keystone at The Crossing folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.