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 boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the San Diego County market, the Carmel Valley region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 390 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the office spaces 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,720 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this region 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 folk. 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.
Get email notifications when new listings are posted that match your requirements.