On average, listings lease in the $30's per square foot per year. The Newark submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the East Bay market, the Newark region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 22 listings have been made available, which means new listings are probably 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,420 sqft. Most buildings in this area are around 1 stories. Most buildings in this area were built in 1996 and are Class A.