On average, listings lease in the $30's per square foot per year. The Downtown Concord submarket is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the East Bay market, the Downtown Concord region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 30 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,530 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this market were built in 1985 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Concord folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.