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Arcadia Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $34.75 2024 Avg. Asking Rent
  • -3.52% Y-o-Y Avg. Asking Rent Change
  • 12.10% 2024 Office Vacancy Rate

Arcadia office price per square foot in 2024 was $34.75 on average. This marked a -3.52% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 12.10% 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

2024 Average Office Rent per Square Foot

  • California Class A & A+ Office Space$60.31
  • California Class B Office Space$38.42
  • California Class C Office Space$26.20

Arcadia, CA Office Asking Rents by Class

2024 Office Vacancy Rates in Arcadia

Submarket Asking Rents Vacancy Rates
Pasadena $45.13 24.14%
San Gabriel Valley $33.03 15.63%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Arcadia market was 12.10% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Arcadia was 15.63% in the San Gabriel Valley submarket, while the highest office vacancy in the market was 24.14%, recorded in Pasadena.

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Coworking Spaces in California

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2024 Office Construction in Arcadia, CA

Largest Office Properties Recently Completed in Arcadia
Office building Address SF Completed
225 E Santa Clara St 225 E Santa Clara St, 91006 21,673 2001
Arcadia Gateway Center - 440 & 450 East Huntington Drive 440 East Huntington Drive, 91006 112,468 1990
440 East Huntington Drive 440 East Huntington Drive, 91006 112,468 1990
Santa Anita Medical Plaza 301 West Huntington Drive, 91007 86,762 1985
Arcadia Pacific Plaza 444 E Huntington Dr, 91006 49,776 1985
Santa Anita Medical Plaza 301 W Huntington Drive, 91007 86,762 1984
159 E Live Oak Ave 159 E Live Oak Ave, 91006 15,723 1984
20 E Foothill Blvd 20 E Foothill Blvd, 91006 25,162 1980
150 N Santa Anita Ave 150 N Santa Anita Ave, 91006 129,453 1978
1245 W. Huntington Drive 1245 W. Huntington Drive, 91007 18,118 1976

Worth noting among recent office completions on the Arcadia market is 225 E Santa Clara St, which is currently the largest new office development in the city, at 21,673 square feet.

Data provided by Commercial Edge

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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Arcadia 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.


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