On average, listings lease in the $20's per square foot per year. The Downtown Goleta region is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.
In the last 90 days, 1 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,390 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the occupants of Downtown Goleta work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.