Most listings are in the $20's per square foot per year. The Arroyo Grande region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 10% decrease in rent.
In the last 90 days, 5 listings have been listed, which means 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 440 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 2001 and are Class B.