Indianapolis Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Indianapolis Rates

Most listings are in the $20's per square foot per year. The Indianapolis region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Indianapolis market, the Indianapolis submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Indianapolis Listing Supply

In the last 90 days, 266 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Indianapolis are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,490 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1927 and are Class B.

Indianapolis Community

Market Report

Trends and status of the commercial real estate market in Indianapolis.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Indianapolis.