In the last 90 days, 20 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 45% of the listings in the San Luis Obispo are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,940 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 2009 and are Class A.