On average, listings lease in the $10's per square foot per year. The Park Fletcher region is seeing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 33% decrease in rent.
Compared to the rest of the Indianapolis market, the Park Fletcher region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,350 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1974 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Park Fletcher occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.