Most listings are in the $20's per square foot per year. The Newark region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the East Bay market, the Newark submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 12 listings have been made available, which means new listings 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,080 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 1998 and are Class A.