Compared to the rest of the Metrolina market, the Carmel submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 9 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 56% of the listings in the Carmel 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,390 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 1 stories. Most buildings in this market were built in 1989 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Carmel occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.