The typical asking rate per listing is in the $20's per square foot per year. The Watsonville submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 3 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the listings in the Watsonville are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,740 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1992 and are Class A.