On average, listings lease in the $20's per square foot per year. The Monterey submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 10% increase in rent.
In the last 90 days, 20 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,510 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1985 and are Class A.