Castleton Retail

Castleton

Office Space Market Report

Number of Listings (last 90 days)
61
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,250
As of: June 25, 2017

Castleton Rates

Most listings are in the $20's per square foot per year. The Castleton submarket is going through a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.

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

Castleton Listing Supply

In the last 90 days, 61 listings have been posted online, so you'll want to check back regularly for new listings. About 46% of the available space in the Castleton 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.

The standard measurement for office space in this area is around 1,250 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1980 and are Class A.

Castleton Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Castleton 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 Castleton.
Market Report

Market Data

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