Most listings are in the $30's per square foot per year. The Downtown Santa Barbara region is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 14% decline in rent.
In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Downtown Santa Barbara are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,170 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1974 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Santa Barbara occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.