On average, listings lease in the $20's per square foot per year. The Downtown Goleta submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 10% increase in rent.
In the last 90 days, 1 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 5,720 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Most of the occupants of Downtown Goleta work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.