The typical asking rate per listing is in the $10's per square foot per year. The Chapel Hill - Ben Davis region is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Indianapolis market, the Chapel Hill - Ben Davis submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 6 listings have been posted online, which means new availabilities are probably going fast. 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.
The standard measurement for office space in this area is around 1,300 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Chapel Hill - Ben Davis residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.