Meridian Kessler Office Space

Meridian Kessler

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,850
As of: March 12, 2017

Meridian Kessler Rates

On average, listings lease in the $10's per square foot per year. The Meridian Kessler region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decrease in rent.

Compared to the rest of the Indianapolis market, the Meridian Kessler submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Meridian Kessler Listing Supply

In the last 90 days, 2 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,850 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1986 and are Class A.

Meridian Kessler Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Meridian Kessler folk. 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 Meridian Kessler.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Meridian Kessler.
Research