On average, listings lease in the $20's per square foot per year. The Hayward submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the East Bay market, the Hayward submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 15 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the Hayward are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,190 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built in 1981 and are Class A.