The typical asking rate per listing is in the $20's per square foot per year. The Mapleton - Fall Creek region is going through a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Indianapolis market, the Mapleton - Fall Creek submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means leases 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 12,900 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 1960 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the residents of Mapleton - Fall Creek work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.