On average, listings lease in the $10's per square foot per year. The Snacks - Guion Creek submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $15 per sqft per year.
Compared to the rest of the Indianapolis market, the Snacks - Guion Creek submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 6 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available space in the Snacks - Guion Creek are subleases, so you might be able to snag a great spot on a short term. 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 10,400 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1996 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Snacks - Guion Creek occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.