The typical asking rate per listing is in the $10's per square foot per year. The Santa Maria submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.
In the last 90 days, 205 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,680 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1990 and are Class A.
Real time and historical data on commercial real estate listings in Santa Maria.
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