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City Center

City Center Indianapolis office space available now - zip 46204
Fishers

Fishers Indianapolis office space available - zip 46256
Keystone Crossing

Keystone Crossing Indianapolis office space available - zip 46240
Lockerbie Marketplace

Lockerbie Marketplace Indianapolis office space available - zip 46204
Parkwood Crossing Center

Parkwood Crossing Indianapolis office space available - zip 46240
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River Crossing at Keystone

River Crossing at Keystone Indianapolis office space - zip 46240
The Precedent

The Precedent Indianapolis office space available now - zip 46240




What we can help you with...

Searching for Indianapolis office space? OfficeFinder assists business owners in locating the office space they need in Indianapolis and surrounding submarkets – and it’s FREE. Our highly trained staff has special, non-public tools that allow them to quickly match your specific requirements with office space Indianapolis has available, whether you desire office space for rent, lease or purchase.

Input a few facts in the short form on this page and submit it so that a LOCAL Indianapolis OfficeFinder representative can contact you to gather complete details on your needs. Properties are then matched to your needs and you select those to visit. We assist you as you negotiate with property owners, helping you avoid errors that could cost you a great deal of money. We assist you all the way through signing the final papers on the office space you select to secure.

The Indianapolis Office Space Market

The Downtown Indianapolis office space market contains 12 million square feet of office space of which 7 million square feet are considered Class A office space.

The suburban Indianapolis office space markets have in excess of 23 million square feet of which about half are Class A buildings. Some of the major submarkets include Carmel, Keystone, Park 100 and Castleton.

Office vacancy rates in Indianapolis are high, in the upper teens to low twenty percentage range. Conversely rental rates are still low in the low to upper teen range per square foot per year. It is a tenant’s / buyer’s market.

About Indianapolis

Indianapolis is, perhaps, best known as the home of the Indianapolis Motor Speedway where the famous Indianapolis 500 NASCAR race occurs on its 2.5 mile oval racetrack. Located on the west side of Indianapolis, it attracts over 300,000 spectator at the track and over 4 million households on TV.

The Greater Metro Indianapolis population is over 2 million, with 1.7 million specifically in the Indianapolis area, and the area is continuing a strong growth trend. The mean income is within US averages, neither well above nor below average. The metro area’s GDP is nearly $100 million and steadily growing. Indy provides the perfect environment for new or existing businesses to join the growth trend.

Along with that, the Indianapolis cost of living is below the US average with the cost of middle class housing and business property also below the national average, making this a prime location in which to operate your business and reside affordably.

The “Develop Indy” program is designed to attract new and retain existing businesses through local and state incentives. The Develop Indy program focuses on providing assistance on business development, workforce development and real estate. They will take a comprehensive look at your business to learn how they can help you succeed. New businesses being targeted for incentives to locate in Indy include logistics services, advanced manufacturing, digital technology, clean technology, businesses that support the motorsport industry, life sciences and emerging technologies, but the advantages provided by Develop Indy are not limited, even with reasonably low unemployment, there is a strong workforce waiting to staff your company. It can be a great advantage toward your business’s success to locate your business home in Indianapolis office space or a nearby submarket.

If you are looking for office space in Indianapolis, please contact us. We love the opportunity to show you what we can do for you.

Indianapolis Office Space Markets

Useful Statistics for businesses looking for office space in Indianapolis
  Indianapolis IN State
2020 Estimated Population 869,387 6,696,893
Median Age 34.2 37.8
Occupied 184,977 1,808,293
Owned 486,765 4,654,004
Rented 356,000 1,779,399
Average Household Size 2.49 2.50
Rental Vacancies 12,463 56,651
Homeowner Vacancies 2,793 24,425
Median Home Value $145,200 $148,900
Median Monthly Rental Cost $911 $844
Median Household Income $30,727 $30,902
Individuals below poverty level 81,103 528,924
Educational Attainment: High school graduate 156,991 1,482,396
Educational Attainment: Some College 153,861 1,294,565
Educational Attainment: Bachelor degree or higher 118,823 770,901
Commute 371,943 2,850,534
Commute by car, truck or other vehicle - Drive Alone 333,657 2,566,614
Commute by car, truck or other vehicle - Carpool 38,286 283,920
Use Public Transportation 6,888 27,808
Work from Home 25,107 172,758
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