Compared to the rest of the Metrolina market, the Carmel submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 7 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 14% of the office spaces 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,550 sqft. Most buildings in this area are around 5 stories. Most buildings in this area were built in 1984 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 area. 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.