Mass Ave / Bottleworks (prime, ~$30/sqft/yr) is one of 5 Indianapolis Class A submarkets we track.

  • Mass Ave / Bottleworks sits at prime tier.
  • Average rent $30/sqft/yr vs city average 26.
  • Compared submarkets: Mile Square (Downtown) (trophy), Carmel (trophy), Fishers (prime).

Mass Ave / Bottleworks vs other Indianapolis submarkets

Mass Ave / Bottleworks (prime, ~$30/sqft/yr) is one of 5 Indianapolis Class A submarkets we track.

TL;DR

  • Mass Ave / Bottleworks sits at prime tier.
  • Average rent $30/sqft/yr vs city average 26.
  • Compared submarkets: Mile Square (Downtown) (trophy), Carmel (trophy), Fishers (prime).

Side-by-side with peers

**Mile Square (Downtown)** (trophy, $32/sqft/yr) — Indianapolis's legacy trophy core. **Carmel** (trophy, $30/sqft/yr) — Premier suburban post-2018 Class A frontier. **Fishers** (prime, $28/sqft/yr) — Tech-tilted suburban submarket. **Keystone Crossing** (established, $26/sqft/yr) — Suburban Class A spine.

Key facts

cityIndianapolis
submarketMass Ave / Bottleworks
tierprime
averageRentLocal$30/sqft/yr
cityClassARentUsd$26/sqft/yr
cityVacancyPct19.2%

Frequently asked questions

What other submarkets compete with Mass Ave / Bottleworks in Indianapolis?
Mile Square (Downtown), Carmel, Fishers

Related

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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