The typical asking rate per listing is in the $10's per square foot per year. The Monterey submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 44% decline in rent.
In the last 90 days, 34 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 88% of the office spaces in the Monterey are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,080 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1979 and are Class A.