Aerospace and defence occupiers in Indianapolis typically cluster in Mass Ave / Bottleworks, plan ~210 sqft per seat at high-end fit-out ($150–215/sqft), and pay around 26 USD/sqft ($26 USD) on Class A.

  • Preferred submarket: Mass Ave / Bottleworks.
  • Typical fit-out spec: High-end ($150–215/sqft).
  • Plan ~210 sqft per seat for headcount sizing.
  • Class A rent context: 26 USD/sqft ($26 USD).
  • Typical lease: 10 years with 12 months rent-free.
  • Talent depth in Indianapolis: 70/100.

Aerospace and defence office space in Indianapolis

Aerospace and defence occupiers in Indianapolis typically cluster in Mass Ave / Bottleworks, plan ~210 sqft per seat at high-end fit-out">fit-out ($150–215/sqft), and pay around 26 USD/sqft ($26 USD) on Class A.

TL;DR

  • Preferred submarket: Mass Ave / Bottleworks.
  • Typical fit-out spec: High-end ($150–215/sqft).
  • Plan ~210 sqft per seat for headcount sizing.
  • Class A rent context: 26 USD/sqft ($26 USD).
  • Typical lease: 10 years with 12 months rent-free.
  • Talent depth in Indianapolis: 70/100.

Where they cluster

Aerospace and defence occupiers in Indianapolis typically anchor in Mass Ave / Bottleworks. Tech, advertising, hospitality, professional services.

What they pay

Class A rent in Indianapolis runs 26 USD/sqft ($26 USD) on a 10-year lease with 12 months free. Prime submarkets sit at or modestly above the city index.

Spec and fit-out

Typical aerospace and defence fit-out targets high-end specification at $150–215/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 210 sqft per seat blended (workstation + circulation + amenity). A 100-headcount aero/defence office in Indianapolis typically targets 21,000 sqft of leasable area.

Talent angle

Programme leadership and contracting teams concentrate near government anchors; cleared-personnel logistics drive submarket selection. Strong pharma, healthcare, insurance, and motorsports talent. Purdue, IU, and Butler anchor the regional pipeline. Pharma talent is anchored by Eli Lilly's global HQ and continuous biotech expansion.

Tax and lease context

Headline corporate tax: 25.7%. Modified-gross structures. 10-year terms standard. Free rent of 10-14 months and TI of $70-$100/sqft typical on a 10-year Class A deal.

Key facts

cityIndianapolis
industryAerospace and defence
naics3364, 5415
preferredSubmarketMass Ave / Bottleworks
preferredFitoutSpecHigh-end
fitoutBand$150–215/sqft
sqftPerSeat210
classARentLocal26 USD/sqft/yr
classARentUsd$26/sqft/yr
vacancyPct19.2%
typicalLeaseYears10
typicalRentFreeMonths12
talentIndex70
corporateTaxPct25.7%

Frequently asked questions

Where do aerospace and defence occupiers lease office space in Indianapolis?
Most cluster in Mass Ave / Bottleworks. Rent runs ~26 USD/sqft ($26 USD) for trophy and prime stock.
What fit-out spec do aerospace and defence occupiers run in Indianapolis?
Typically high-end at $150–215/sqft.
How much office space per seat should a aerospace and defence occupier plan in Indianapolis?
Plan ~210 sqft per seat blended. A 100-person team typically takes 21,000 sqft.
What NAICS codes describe the aerospace and defence vertical?
Representative NAICS 2022 codes: 3364, 5415.
What is the talent index in Indianapolis?
70/100. Use the city profile for full detail.

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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.

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