On average, listings lease in the $30's per square foot per year. The Livermore submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the East Bay market, the Livermore submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 14 listings have been made available, which means leases 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 4,610 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1989 and are Class A.