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 undervalued submarket.
In the last 90 days, 7 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 43% of the listings in the Far Eastside 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 4,780 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market 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 around an hour and a half a day is the norm for those who opt to reside in this part of town.