On average, listings lease in the $20's per square foot per year. The Arroyo Grande region is experiencing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 36% decline in rent.
In the last 90 days, 6 listings have been made available, which means office spaces might be 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 850 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 2001 and are Class B.