Most listings are in the $20's per square foot per year. The Monterey region is going through a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year.
In the last 90 days, 19 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 37% of the office spaces in the Monterey 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,690 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1984 and are Class A.