Carmel Office Space

Carmel

Office Space Market Report

Number of Listings (last 90 days)
76
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,500
As of: August 20, 2017

Carmel Rates

The typical asking rate per listing is in the $20's per square foot per year. The Carmel submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.

Carmel Listing Supply

In the last 90 days, 76 listings have been posted online, so you'll want to check back regularly for new listings. About 50% of the listings in the Carmel 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 3,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1985 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