The typical asking rate per listing is in the $60's per square foot per year. The Carmel Valley region is going through a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the San Diego market, the Carmel Valley submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 390 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the listings in the Carmel Valley are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,710 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 4 floors. Most buildings in this area were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Carmel Valley residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Carmel Valley.
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