On average, listings lease in the $10's per square foot per year. The St. Augustine submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 43% decline in rent.
In the last 90 days, 2 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,770 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1986 and are Class A.