Downtown Indianapolis Retail

Downtown Indianapolis

Office Space Market Report

Number of Listings (last 90 days)
100
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,520
As of: January 17, 2017

Downtown Indianapolis Rates

Compared to the rest of the Indianapolis market, the Downtown Indianapolis submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Downtown Indianapolis Listing Supply

In the last 90 days, 98 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available leases in the Downtown Indianapolis are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,750 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 8 floors. Most buildings in this region were built in 1921 and are Class B.

Downtown Indianapolis Community

A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Indianapolis occupants. Commuting between 20 and 25 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 Downtown Indianapolis.
Market Report

Market Data

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