Meridian Kessler Retail

Meridian Kessler

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,850
As of: February 26, 2017

Meridian Kessler Rates

The typical asking rate per listing is in the $10's per square foot per year. The Meridian Kessler region is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 10% decline in rent.

Compared to the rest of the Indianapolis market, the Meridian Kessler submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Meridian Kessler Listing Supply

In the last 90 days, 2 listings have been made available, which means new listings most likley are 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 3,850 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1986 and are Class A.

Meridian Kessler 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. Commute by car is the most popular way to get to work amongst Meridian Kessler occupants. 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 Meridian Kessler.
Market Report

Market Data

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