Most listings are in the $20's per square foot per year. The Santa Cruz submarket is seeing a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 40% decrease in rent.
In the last 90 days, 9 listings have been posted online, which means office spaces might be 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 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 1,580 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1967 and are Class A.