On average, listings lease in the $20's per square foot per year. The Carmel region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
In the last 90 days, 76 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available space in the Carmel are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,880 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1985 and are Class A.