The typical asking rate per listing is in the $30's per square foot per year. The Livermore region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the East Bay market, the Livermore region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 17 listings have been posted online, which means 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,430 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this market were built in 1989 and are Class A.