On average, listings lease in the $10's per square foot per year. The Chapel Hill Village region is seeing a an increase in rates. In the last 3 months, the median rate rose $19 per sqft per year.
Compared to the rest of the Indianapolis market, the Chapel Hill Village submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 0 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the Chapel Hill Village 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 2,780 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Chapel Hill Village occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.