The typical asking rate per listing is in the $40's per square foot per year. The Santa Barbara submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% increase in rent.
In the last 90 days, 30 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available leases in the Santa Barbara are subleases, so you might be able to snag a great spot on a short term. 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 1,520 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1974 and are Class A.