The typical asking rate per listing is in the $10's per square foot per year. The Richmond submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 42% decline in rent.
Compared to the rest of the East Bay market, the Richmond submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 17 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 6% of the available space in the Richmond are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,710 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1978 and are Class A.