Far Eastside Retail

Far Eastside

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
9,100
As of: March 12, 2017

Far Eastside Rates

On average, listings lease in the $10's per square foot per year. The Far Eastside submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 25% decrease in rent.

Compared to the rest of the Indianapolis market, the Far Eastside submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Far Eastside Listing Supply

In the last 90 days, 7 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 9,100 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1920 and are Class Class B.

Far Eastside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Far Eastside occupants. Commuting close to an hour and a half 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 Far Eastside.
Market Report

Market Data

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