2023 Office Space Rent & Sales
- $33.85 2023 Avg. Asking Rent
- 5.48% 2023 Office Vacancy Rate
Alhambra office price per square foot in 2023 was $33.85 on average. The local office market recorded an average vacancy rate of 5.48% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- California Class A & A+ Office Space$56.30
- California Class B Office Space$37.45
- California Class C Office Space$44.91
Alhambra, CA Office Asking Rents by Class
Office Spaces for Rent in California
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Empire Financial Center | 388 East Valley Blvd, 91801 | 58,198 | 2004 |
| 369 W Main Street | 369 W Main St, 91801 | 2,500 | 1999 |
| Garfield Center - Suite 102 | 320 South Garfield Avenue, Suite 102, 91801 | 1,664 | 1988 |
| Garfield Center - Suite 102 | 320 South Garfield Avenue, Suite 102, 91801 | 1,664 | 1988 |
| For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000 | 330 South Garfield Avenue, Suite 108, 91801 | 1,467 | 1988 |
| 55 S Raymond Ave | 55 S Raymond Ave, 91801 | 28,985 | 1984 |
| 25 S Raymond Ave | 25 S Raymond Ave, 91801 | 19,972 | 1984 |
| 701-711 West Valley Blvd | 707 West Valley Blvd, 91803 | 33,169 | 1950 |
| The Alhambra | 1000 South Fremont Avenue, 91803 | 931,891 | 1943 |
| Pacific Square | 1 East Valley Blvd, 91801 | 45,022 | 1924 |
Worth noting among recent office completions on the Alhambra market is Empire Financial Center, which is currently the largest new office development in the city, at 58,198 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Alhambra commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.