Office properties in Fishers, Indiana, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. With a strong presence of healthcare, technology, and advanced manufacturing companies, such as Roche Diagnostics, Navient, and Stanley Black & Decker, Fishers provides a solid foundation for office properties. These properties can range from Class A office spaces to medical offices, and even coworking spaces, catering to the diverse needs of businesses in the area. Fishers' well-maintained transportation infrastructure, including Interstate 69 and State Road 37, makes it an attractive location for companies and their employees. The city's amenities, such as the Fishers Event Center, parks, and sports facilities, also contribute to its appeal. Additionally, Fishers' proximity to Indianapolis, just 16 miles northeast of downtown, makes it an ideal location for businesses that need to be close to the state capital.
With 3 office properties for sale in Fishers, investors have a range of options to choose from. The average price per square foot is $568 USD, and the average size of these properties is 3,171 square feet, with the largest property spanning 5,114 square feet. The average cap rate for office properties in Fishers is. In addition to office properties, Fishers also offers a range of other commercial real estate options, including commercial real estate, apartment buildings, shopping centers, and hotels. The city's commercial real estate market is characterized by its diverse range of properties, from retail spaces to industrial parks. Apartment buildings in Fishers offer a range of amenities, including pool, fitness center, and community garden. Shopping centers in Fishers provide a convenient location for residents to shop and dine. Hotels in Fishers cater to the city's growing tourism industry, with attractions like Spark!Fishers and the Fishers Renaissance Faire drawing in visitors from across the region. Overall, Fishers presents a compelling case for investors looking to tap into its growing economy and diverse range of commercial real estate options.
What is the average price per square foot for office properties in Fishers?
The average price per square foot for office properties in Fishers is $568 USD per square foot, with 3 available listings ranging in size from 3,171 square feet to 5,114 square feet, offering a diverse range of options for investors and businesses.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Fishers, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed decision.
- Class A office properties are typically high-rise buildings with premium finishes, advanced technology, and prime locations, often attracting high-end tenants and commanding higher rental rates.
- Class B office properties offer functional and efficient space with standard finishes, adequate amenities, and convenient locations, appealing to a broader range of tenants and providing a balance between quality and affordability.
- Class C office properties are often older, less renovated buildings with basic finishes, limited amenities, and less desirable locations, typically attracting smaller businesses or startups with more limited budgets.
