Carmel Industrial

Carmel

Office Space Market Report

Number of Listings (last 90 days)
56
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,110
As of: December 8, 2016

Carmel Rates

On average, listings lease in the $20's per square foot per year. The Carmel submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% increase in rent.

Carmel Listing Supply

In the last 90 days, 56 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Carmel are subleases, so you will probably have to focus your search on direct office leases. 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 4,400 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1984 and are Class A.

Carmel Community

Market Report

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

Market Data

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