On average, listings lease in the $20's per square foot per year. The San Luis Obispo submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year.
In the last 90 days, 51 listings have been posted online, so you'll want to check back regularly for new listings. About 61% of the available space in the San Luis Obispo 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.
The standard measurement for office space in this area is around 1,600 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 2000 and are Class A.