On average, listings lease in the $10's per square foot per year. The Scotts Valley region is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 24% decline in rent.
In the last 90 days, 4 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 21,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1990 and are Class B.