On average, listings lease in the $20's per square foot per year. The Park 100 region is experiencing a a rise in rates. In the last 3 months, the median rate rose $21 per sqft per year.
Compared to the rest of the Indianapolis market, the Park 100 region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 13 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 62% of the available leases in the Park 100 are subleases, so you might be able to find a shorter term or below market rent. 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 12,090 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this area were built in 0 and are Class B.
Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Park 100 occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.