On average, listings lease in the $10's per square foot per year. The Far Eastside region is going through a a rise in rates. In the last 3 months, the median rate rose $18 per sqft per year.
Compared to the rest of the Indianapolis market, the Far Eastside region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 7 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 4,780 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this area were built in 1920 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Far Eastside residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.