Most listings are in the $80's per square foot per year. The Downtown Santa Barbara submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 0% rise in rent.
In the last 90 days, 228 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Downtown Santa Barbara are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 250 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1968 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Santa Barbara folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Santa Barbara.
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