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47 S Pennsylvania St

Downtown Indianapolis, Indianapolis, IN
Floors
10
Total Size
80,855 sqft
Lot Size
0 acres
Year Constructed
1905
Building Class
B
Construction Type
Steel
Close To
Circle Centre Mall, Bankers Life Fieldhouse

Additional Features of 47 S Pennsylvania St

  • Onsite ownership

The Neighborhood: Downtown Indianapolis

On average, listings lease in the $20's per square foot per year. The Downtown Indianapolis submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the Indianapolis market, the Downtown Indianapolis region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
Downtown Indianapolis $26
/sqft/yr
3,950
sqft
Median Rate Median Size
Indianapolis $22
/sqft/yr
3,400
sqft

Median Rate over Time in Downtown Indianapolis