Carmel Sublease

Carmel

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,030
As of: January 19, 2017

Carmel Rates

Compared to the rest of the Metrolina market, the Carmel region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Carmel Listing Supply

In the last 90 days, 6 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Carmel are subleases, so you might be able to find a shorter term or below market rent. 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 4,030 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 5 stories. Most buildings in this area were built in 1984 and are Class A.

Carmel Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Carmel folk. Commuting under 5 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.
Market Report

Market Data

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