Compared to the rest of the Metrolina market, the Carmel region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 9 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the listings in the Carmel 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,600 sqft. Most properties in this region are around 1 stories. Most buildings in this area were built in 1994 and are Class B.
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 market. 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.