Carmel Office Space

Carmel

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,550
As of: December 2, 2016

Carmel Rates

Compared to the rest of the Metrolina market, the Carmel submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Carmel Listing Supply

In the last 90 days, 3 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Carmel are subleases, so you might be able to find a shorter term or below market rent. 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 6,520 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 5 stories. Most buildings in this area were built in 1984 and are Class A.

Carmel Community

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 region. 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.

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