Compared to the rest of the San Diego market, the Carmel Valley submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 24 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 13% of the listings in the Carmel Valley 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this market were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Carmel Valley folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.