The typical asking rate per listing is in the $20's per square foot per year. The Arroyo Grande region is seeing a an increase in rates. In the last 3 months, the median rate went up $28 per sqft per year.
In the last 90 days, 30 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the office spaces in the Arroyo Grande are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,200 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1984 and are Class B.
Real time and historical data on commercial real estate listings in Arroyo Grande.
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