Compared to the rest of the San Diego market, the Carmel Valley region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 16 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 244% of the available leases 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,310 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 4 floors. Most buildings in this area 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.