The typical asking rate per listing is in the $40's per square foot per year. The Zionsville region is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 13% decline in rent.
In the last 90 days, 5 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the office spaces in the Zionsville 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 300 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 1996 and are Class A.