On average, listings lease in the $30's per square foot per year. The Monterey submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 36% increase in rent.
In the last 90 days, 34 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,050 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1984 and are Class A.