Carmel Mountain Retail

Carmel Mountain

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
5,700
As of: July 23, 2017

Carmel Mountain Rates

The typical asking rate per listing is in the $40's per square foot per year. The Carmel Mountain region is seeing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 4% rise in rent.

Compared to the rest of the San Diego market, the Carmel Mountain region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Carmel Mountain Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 150% of the office spaces in the Carmel Mountain 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 5,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1986 and are Class B.

Carmel Mountain Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Carmel Mountain residents. Commuting approximately 20 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 Mountain.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Carmel Mountain.
Research