On average, listings lease in the $20's per square foot per year. The Santa Maria submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 19% decline in rent.
In the last 90 days, 205 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the available space in the Santa Maria are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1992 and are Class A.
Real time and historical data on commercial real estate listings in Santa Maria.
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