Nora - Far Northside Retail

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Nora - Far Northside

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,770
As of: February 24, 2017

Nora - Far Northside Rates

On average, listings lease in the $20's per square foot per year. The Nora - Far Northside region is experiencing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 25% rise in rent.

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

Nora - Far Northside Listing Supply

In the last 90 days, 15 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 2,770 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1980 and are Class A.

Nora - Far Northside 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 market. Commute by walking is the most popular way to get to work amongst Nora - Far Northside occupants. Commuting around 20 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 Nora - Far Northside.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Nora - Far Northside.
Research