Most listings are in the $10's per square foot per year. The Monterey region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 17% decrease in rent.
In the last 90 days, 19 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 63% of the available space in the Monterey are subleases, so you might be able to find a shorter term or below market rent. 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 2,080 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1984 and are Class A.