On average, listings lease in the $10's per square foot per year. The Solvang submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 5 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,630 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region were built in 1995.