Most listings are in the $30's per square foot per year. The Carmel Science and Technology Park submarket is going through a a boost in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 39% rise in rent.
In the last 90 days, 6 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 7,640 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this market were built in 1988 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Carmel Science and Technology Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.