Indianapolis Retail


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Indianapolis Rates

Most listings are in the $20's per square foot per year. The Indianapolis region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the Indianapolis market, the Indianapolis region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Indianapolis Listing Supply

In the last 90 days, 276 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Indianapolis are subleases, so you will probably have to focus your search on direct office leases. 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 2,500 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1927 and are Class B.

Indianapolis Community

Market Report

Trends and status of the commercial real estate market in Indianapolis.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Indianapolis.