The typical asking rate per listing is in the $20's per square foot per year. The Keystone at The Crossing submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Indianapolis market, the Keystone at The Crossing region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 16 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 19% of the listings in the Keystone at The Crossing 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,490 sqft. Most properties in this market are close to 4 floors. Most buildings in this area were built in 1997 and are Class A.
This region is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Keystone at The Crossing folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.