Carmel, IN Commercial Inventory Breakdown
Office Spaces
Total: 8,246,101 SF
By square footage range:
- 50k to 100k SF: 2,576,233 SF / 31.24% of total office
- 100k to 500k SF: 5,093,574 SF / 61.77% of total office
- 500k to 1M SF: 576,294 SF / 6.99% of total office
By class:
- Class A: 2,454,793 SF / 29.77% of total office
- Class B: 4,338,021 SF / 52.61% of total office
- Class C: 183,287 SF / 2.22% of total office
Top 10 Largest Office Buildings
in Carmel
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| KAR Auction Services Corporate Headquarters | 11299 North Illinois Street, 46032 | 250,000 | 2019 |
| Landmark at Meridian - 12711 & 12811 North Meridian Street | 12811 North Meridian Street, 46032 | 210,424 | 2009 |
| Meridian Mark II | 11711 North Meridian Street, 46032 | 188,082 | 1983 |
| Meridian Mark I | 11611 North Meridian Street, 46032 | 183,832 | 1983 |
| Hamilton Crossing VI | 13085 Hamilton Crossing Blvd, 46032 | 180,000 | 2003 |
| Meridian Crossing | 11590 North Meridian Street, 46032 | 157,182 | 1981 |
| IU Health North Medical Office Building | 11725 North Illinois Street, 46032 | 156,468 | 2006 |
| One Penn Mark | 11595 North Meridian Street, 46032 | 145,182 | 1987 |
| 535 College Drive | 535 College Drive, 46032 | 141,036 | 1999 |
| Hamilton Crossing III | 12800 North Meridian Street, 46032 | 140,000 | 2000 |
Largest Office Properties Recently Completed
in Carmel
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Zotec Partners Headquarters | 11460 North Meridian Street, 46032 | 120,000 | 2021 |
| SEP Headquarters | 16080 Westfield Blvd, 46074 | 70,000 | 2021 |
| Carmel Medical Arts Pavilion | 12174 North Meridian Street, 46032 | 40,000 | 2021 |
| Link Office Suites on Commerce Drive | 10255 Commerce Drive, 46032 | 31,808 | 2021 |
| The Agora at the Proscenium | 10 West Carmel Drive, 46032 | 100,000 | 2020 |
| KAR Auction Services Corporate Headquarters | 11299 North Illinois Street, 46032 | 250,000 | 2019 |
| Midtown West - Merchants Bank Headquarters | 410 Monon Blvd, 46032 | 120,000 | 2019 |
| 13345 North Illinois Street | 13345 North Illinois Street, 46032 | 38,537 | 2019 |
| 211 West Main Street | 211 West Main Street, 46032 | 35,414 | 2019 |
| Monon & Main | 211 West Main Street, 46032 | 35,414 | 2019 |
Frequently Asked Questions
How much does office space cost in Carmel, IN?
The average office rental rate in Carmel, IN is $21.46 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways. Check Carmel Office Market Trends for more stats.
What is the size of available office spaces in Carmel, IN?
The Carmel, IN office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 22,558 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in Carmel, IN is 256 square feet, while the maximum rentable space on the market now is 44,859 square feet.
How do I get office space in Carmel, IN?
Start your search for office space in Carmel, IN by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in Carmel, IN?
There are 132 office listings on the Carmel, IN market. See all available office spaces for rent.
Where to rent an office space in Carmel, IN?
Popular Carmel neighbourhoods with available office spaces include Meridian, Carmel Science and Technology Park and Carmel City Center.
What other property types are available for lease in Carmel, IN?
In addition to traditional office spaces, commercial real estate listings on our platform also include coworking & shared office space options, retail spaces, industrial buildings, warehouses, distribution facilities, and more.
Carmel Demographics
Population
- Total Population97,464
- Male Population(48.5 %) 47,277
- Female Population(51.5 %) 50,187
- Median Age39.40
Income/Financial
- Average Household Income$159,420
- Median Household Income$112,765
- Median Income Under 25$49,838
- Median Income 25-44$121,301
- Median Income 45-64$142,942
- Median Income Over 65$64,840