Mass Ave / Bottleworks is a prime-tier Class A submarket of Indianapolis with average asking rent around $30/sqft/yr.

  • Repositioned creative-class submarket.
  • Prime tier — ~$30/sqft/yr.
  • Active Class A leasing market with deal flow across major broker desks.

Mass Ave / Bottleworks, Indianapolis — Class A submarket

Repositioned creative-class submarket. · Tier: prime · Avg rent: $30/sqft/yr

TL;DR

  • Repositioned creative-class submarket.
  • Prime tier — ~$30/sqft/yr.
  • Active Class A leasing market with deal flow across major broker desks.

Overview

Mass Ave and the Bottleworks District anchor Indianapolis's principal repositioned creative-class Class A submarket — tech, advertising, hospitality groups in mid-rise mixed-use.

Tenant profile

Tech, advertising, hospitality, professional services.

Typical specification

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

Transit

Red Line BRT, IndyGo bus.

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

Amenities

Bottleworks District, Mass Ave retail, Athenaeum.

Comparable buildings

  • Bottleworks District
  • 454 N Pennsylvania
  • Mass Ave Tower

Where Mass Ave / Bottleworks sits in Indianapolis

Mass Ave / Bottleworks is one of 5 Class A submarkets we cover in Indianapolis, classified as prime tier with an average asking rent around $30/sqft/yr. Compared with the broader Indianapolis Class A stock, Mass Ave / Bottleworks typically attracts Tech, advertising, hospitality, professional services and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.

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

Topic deep-dives for Mass Ave / Bottleworks

For an institutional Class A occupier evaluating Mass Ave / Bottleworks, 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

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