Most listings are in the $20's per square foot per year. The Santa Cruz submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $25 per sqft per year.
In the last 90 days, 29 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 79% of the listings in the Santa Cruz 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 1,930 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1977 and are Class B.