Mapleton - Fall Creek Retail

Mapleton - Fall Creek

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
3,950
As of: August 22, 2017

Mapleton - Fall Creek Rates

On average, listings lease in the $10's per square foot per year. The Mapleton - Fall Creek region is experiencing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 39% decline in rent.

Compared to the rest of the Indianapolis market, the Mapleton - Fall Creek submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Mapleton - Fall Creek Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Mapleton - Fall Creek 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,950 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1920 and are Class C.

Mapleton - Fall Creek Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the folk of Mapleton - Fall Creek work from home. Commuting approximately an hour 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 Mapleton - Fall Creek.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mapleton - Fall Creek.
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