Most listings are in the $10's per square foot per year. The Southeast Indianapolis submarket is going through a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year.
Compared to the rest of the Indianapolis market, the Southeast Indianapolis region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Southeast Indianapolis 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 20,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 1970.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Southeast Indianapolis occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.