Near Northside Retail

Near Northside

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,670
As of: August 20, 2017

Near Northside Rates

The typical asking rate per listing is in the $20's per square foot per year. The Near Northside region is seeing a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.

Compared to the rest of the Indianapolis market, the Near Northside region has lower rates, so you should have no trouble finding a great deal in this discounted region.

Near Northside Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Near Northside are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,670 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1958 and are Class B.

Near Northside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Near Northside folk. Commuting around 10 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 Near Northside.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Near Northside.
Research