On average, listings lease in the $30's per square foot per year. The Carmel Science and Technology Park submarket is going through a a rise 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 new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 region are close to 1 floors. Most buildings in this area were built in 1988 and are Class Class B.
A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Carmel Science and Technology Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.