Most listings are in the $30's per square foot per year. The Santa Cruz submarket is going through a a boost in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 34% increase in rent.
In the last 90 days, 29 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 41% of the listings in the Santa Cruz 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,320 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1977 and are Class B.