The Medical District Retail Space for Rent
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Renting Retail Space in The Medical District
This submarket is undergoing a generational shift driven by the $4.3 billion IU Health Downtown Hospital campus expansion—currently one of the largest healthcare construction projects in the U.S. (Source: IU Health / Gilbane Construction). This project is fundamentally reshaping the near-north side, consolidating two existing hospitals into a massive, 864-room academic health center. 2026 represents the "Operational Ramp-up." As the hospital project approaches its final construction phases, the surrounding "Capitol View" corridor is seeing a surge in demand for medical office, student housing, and hospitality to serve the thousands of medical professionals moving to the district. This is the primary destination for institutional capital seeking "recession-proof" healthcare-anchored assets.
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Suite Rates in The Medical District
Suite Sizes in The Medical District
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
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*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.