Most listings are in the $10's per square foot per year. The I69-Fall Creek region is seeing a a boost in rates. In the last 3 months, the median rate rose $14 per sqft per year.
Compared to the rest of the Indianapolis market, the I69-Fall Creek region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 5 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 60% of the listings in the I69-Fall Creek 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.
The standard measurement for office space in this area is around 2,400 sqft. Most properties in this market are around 1 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. 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 folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.