Fishers is a prime-tier Class A submarket of Indianapolis with average asking rent around $28/sqft/yr.

  • Tech-tilted suburban submarket.
  • Prime tier — ~$28/sqft/yr.
  • Active Class A leasing market with deal flow across major broker desks.

Fishers, Indianapolis — Class A submarket

Tech-tilted suburban submarket. · Tier: prime · Avg rent: $28/sqft/yr

TL;DR

  • Tech-tilted suburban submarket.
  • Prime tier — ~$28/sqft/yr.
  • Active Class A leasing market with deal flow across major broker desks.

Overview

Fishers anchors the eastern suburban Class A market — tech, healthcare, and professional services in mid-rise post-2015 Class A along the Nickel Plate corridor.

Tenant profile

Tech, healthcare, professional services, insurance.

Typical specification

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Transit

IndyGo bus; Nickel Plate Trail.

Multi-modal transit captures the metro's principal professional catchment.

Amenities

Fishers District, IKEA, Topgolf.

Comparable buildings

  • The Yard at Fishers District
  • Hub & Spoke
  • First Internet Bank HQ

Where Fishers sits in Indianapolis

Fishers is one of 5 Class A submarkets we cover in Indianapolis, classified as prime tier with an average asking rent around $28/sqft/yr. Compared with the broader Indianapolis Class A stock, Fishers typically attracts Tech, healthcare, professional services, insurance and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.

Adjacent submarkets to study alongside Fishers: Mile Square (Downtown), Mass Ave / Bottleworks, Carmel, Keystone Crossing. The full Indianapolis submarket atlas is at /cities/indianapolis.

Topic deep-dives for Fishers

For an institutional Class A occupier evaluating Fishers, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:

Related glossary

Terminology specific to Indianapolis Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics