The typical asking rate per listing is in the $60's per square foot per year. The Carmel Valley region is going through a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the San Diego market, the Carmel Valley submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 16 listings have been posted online, which means listings most likley are 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 sign a shorter term by taking over a previous lease. 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 2,900 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this region 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 market. 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.