On average, listings lease in the $20's per square foot per year. The Carmel submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $28 per sqft per year.
In the last 90 days, 76 listings have come on the market, so you'll want to check back regularly for new listings. About 37% of the available leases in the Carmel are subleases, so you might be able to snag a great spot on a short term. 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 5,220 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1985 and are Class A.