The typical asking rate per listing is in the $30's per square foot per year. The Livermore region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the East Bay market, the Livermore region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 12 listings have been listed, which means office spaces might be 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 3,240 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 1989 and are Class A.