Carmel Valley Sublease

Carmel Valley

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$61
Median Size (sqft)
2,840
As of: June 24, 2017

Carmel Valley Rates

Most listings are in the $60's per square foot per year. The Carmel Valley submarket is going through a a rise in rates. In the last 3 months, the median rate increased $61 per sqft per year.

Compared to the rest of the San Diego market, the Carmel Valley region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Carmel Valley Listing Supply

In the last 90 days, 16 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 169% of the available space in the Carmel Valley 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,840 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 4 floors. Most buildings in this region were built in 1998 and are Class A.

Carmel Valley Community

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 region. Commute by bike is the most popular way to get to work amongst Carmel Valley occupants. Commuting between 20 and 25 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 Valley.
Market Report

Market Data

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