The typical asking rate per listing is in the $20's per square foot per year. The Union City region is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decrease in rent.
Compared to the rest of the East Bay market, the Union City region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 8 listings have come on the market, 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 3,540 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1987 and are Class A.