Indianapolis, IN Flex Space for Lease
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Indianapolis, IN Flex space Lease Rates & Market Statistics
Explore 105 Flex space listings for lease in Indianapolis, IN on Realmo, a commercial real estate exchange covering the Indianapolis area. The current inventory totals 958,665 square feet of properties — an average of ~9,150 SF per listing.
Asking lease rates for Flex space in Indianapolis start at $6 SF/Yr, average $12.21 SF/Yr, and reach $18 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $12.21 SF/Yr, the local average runs 15% below Indiana's state average of $14.35 SF/Yr.
Flex space listings make up 65% of the 161 Industrial properties currently for lease in Indianapolis, with asking rates in line with the citywide Industrial properties average. Also worth a look for tenants weighing alternatives: Other industrial properties (22 listings) and Manufacturing properties (12 listings) elsewhere in the Indianapolis market.