On average, listings lease in the $20's per square foot per year. The Union City submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the East Bay market, the Union City submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 9 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,540 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1987 and are Class A.