Compared to the rest of the Indianapolis market, the College Commons submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 7 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 86% of the available leases in the College Commons are subleases, so you might be able to find a shorter term or below market rent. 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 2,960 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Most of the occupants of College Commons work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.