Most listings are in the $20's per square foot per year. The Carmel region is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Metrolina market, the Carmel submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 9 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 22% of the listings 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,030 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1994 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.