On average, listings lease in the $20's per square foot per year. The Santa Maria submarket is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.
In the last 90 days, 40 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available leases in the Santa Maria are subleases, so you will probably have to focus your search on direct office leases. 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 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1994 and are Class A.