The typical asking rate per listing is in the $20's per square foot per year. The Monterey region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 8 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,820 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1984 and are Class A.