Most listings are in the $20's per square foot per year. The Carmel submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 12% decline in rent.
In the last 90 days, 28 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the Carmel are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,400 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1984 and are Class A.