Indianapolis, IN Flex Space for Lease
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Indianapolis, IN Flex space Lease Rates & Market Statistics
Explore 135 Flex space listings for lease in Indianapolis, IN on Realmo, a commercial real estate exchange covering the Indianapolis area. The current inventory totals 1,845,088 square feet of properties — an average of ~13,650 SF per listing.
Asking lease rates for Flex space in Indianapolis start at $9 SF/Yr, average $21.75 SF/Yr, and reach $95.52 SF/Yr at the top of the market. That's a 11x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $21.75 SF/Yr, the local average runs 55% above Indiana's state average of $14.03 SF/Yr.
Flex space listings make up 69% of the 195 Industrial properties currently for lease in Indianapolis, with asking rates averaging $21.75 SF/Yr — 18% above the citywide Industrial properties average of $18.43 SF/Yr. Also worth a look for tenants weighing alternatives: Other industrial properties (31 listings) and Distribution centers (9 listings) elsewhere in the Indianapolis market.
