Nora - Far Northside Sublease

Nora - Far Northside

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,600
As of: May 19, 2017

Nora - Far Northside Rates

On average, listings lease in the $20's per square foot per year. The Nora - Far Northside region is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Indianapolis market, the Nora - Far Northside region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Nora - Far Northside Listing Supply

In the last 90 days, 19 listings have come on the market, which means listings 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,600 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1980 and are Class A.

Nora - Far Northside Community

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 area. Commute by walking is the most popular way to get to work amongst Nora - Far Northside occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Nora - Far Northside.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Nora - Far Northside.
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