Most listings are in the $20's per square foot per year. The Park 100 region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Indianapolis market, the Park 100 region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 18 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 6% of the available leases in the Park 100 are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 13,030 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 0 and are Class B.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Park 100 occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.