Most listings are in the $20's per square foot per year. The I69-Fall Creek submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $22 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Indianapolis market, the I69-Fall Creek region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 11 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the listings in the I69-Fall Creek are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,530 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1973 and are Class C.
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 car is the most popular way to get to work amongst I69-Fall Creek residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.