Castleton Sublease

Castleton

Office Space Market Report

Number of Listings (last 90 days)
61
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,900
As of: March 12, 2017

Castleton Rates

Most listings are in the $20's per square foot per year. The Castleton region is experiencing a a boost in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 1% rise in rent.

Compared to the rest of the Indianapolis market, the Castleton region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Castleton Listing Supply

In the last 90 days, 61 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available space in the Castleton 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.

Even though the median size is 2,900 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1980 and are Class A.

Castleton Community

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 market. Commute by walking is the most popular way to get to work amongst Castleton residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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