Most listings are in the $60's per square foot per year. The Carmel Valley region is seeing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 3% rise 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, 16 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 19% of the available space in the Carmel Valley are subleases, so you might be able to snag a great spot on a short term. 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 5,800 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 4 stories. Most buildings in this market 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 region. Commute by bike is the most popular way to get to work amongst Carmel Valley occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.