Carmel Mountain Industrial

Carmel Mountain

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,470
As of: May 22, 2017

Carmel Mountain Rates

Most listings are in the $30's per square foot per year. The Carmel Mountain submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 47% rise in rent.

Compared to the rest of the San Diego market, the Carmel Mountain region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Carmel Mountain Listing Supply

In the last 90 days, 4 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Carmel Mountain are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,470 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1986 and are Class B.

Carmel Mountain Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Carmel Mountain occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Carmel Mountain.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Carmel Mountain.
Research