Indianapolis Sublease

Indianapolis

Office Space Market Report

Number of Listings (last 90 days)
412
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,400
As of: December 7, 2016

Indianapolis Rates

On average, listings lease in the $20's per square foot per year. The Indianapolis submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

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

Indianapolis Listing Supply

In the last 90 days, 412 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,400 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1947 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.
Research