Carlsbad Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Carlsbad is $31.97 per square foot, 1.35% higher compared to the previous year.
  • The average sale price for office space in Carlsbad is $306.78 per square foot, marking an increase of 49.45% compared to 2024.
  • The market’s vacancy rate stands at 20.78%, higher than the state average of California, which is 18.44%.
  • Renting Class A/A+ office space here costs $35.49 per square foot, while Class B averages $27.69 and Class C stands at $29.40.
  • 164,833 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $31.97 2025 Avg. Asking Rent
  • 1.35% Y-o-Y Avg. Asking Rent Change
  • 20.78% 2025 Office Vacancy Rate
  • $174.5M2025 Total Office Sales
  • $306.78Avg. Sale Price/SF

What is the average asking rent price for office space in Carlsbad?

Average asking rents for office space here stand at $31.97 per square foot. The local office market recorded an average vacancy rate of 20.78% in 2025, unchanged from 20.78% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $174.5M across 6 sales. These transactions commanded an average sale price per square foot of $306.78.

Carlsbad, CA Office Asking Rents by Class

What is the average office rent per square foot by property class in Carlsbad?

  • Avg. Asking Rent Class A & A+$35.49
  • Avg. Asking Rent Class B$27.69
  • Avg. Asking Rent Class C$29.40

The average asking rent for Class A and A+ office space stood at $35.49 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Carlsbad averaged $27.69 per square foot, while the average for Class C space was $29.40 per square foot.

What is the average office rent per square foot by property class in CA?

  • Avg. Asking Rent Class A & A+$58.81
  • Avg. Asking Rent Class B$37.82
  • Avg. Asking Rent Class C$22.26

For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.

Explore Top Office Markets in California

2025 Office Sales Volume

  • $306.782025 Avg. Price per SF
  • 49.45%Y-o-Y Avg. PpSF Change
  • $174.5M2025 Office Sales Volume
  • 62025 Number of Transactions

What is the average sale price per square foot for office space in Carlsbad?

Average sale prices for office space in this market recorded a +49.45% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $306.78 per square foot. For comparison, the statewide California average during the same time period stood at $295.06 per square foot, while the national average was $182.48 per square foot.

Carlsbad, CA Sale Price per SF Trend

  • Carlsbad Avg. Sale Price per SF in 2025$306.78
  • California Avg. Sale Price per SF in 2025$295.06

What was the total office sales volume in Carlsbad in 2025?

The local office market recorded 6 deals in 2025, adding up to a yearly sales volume of $174.5M.

  • Carlsbad, CA Total Office Sales Volume in 2025 $174.5M
  • Carlsbad, CA Total Number of Office Sales Closed in 2025 6
Data provided by Yardi Research

Office Construction in Carlsbad, CA

  • Carlsbad, CA Total SF under construction in 2026 164,833

What are the largest recent office completions in Carlsbad?

The largest recent office completion here is Palomar Forum Business Park at 275,000 square feet, completed in 2008. The next largest completions are Atlas at Carlsbad and Atlas at Carlsbad.

Office building Address SF Completed
Lift 6021-6023 Innovation Way, 92009 53,205 2019
Palomar Crest Corporate Center 2701 Loker Ave. W., 92010 81,810 2017
Atlas at Carlsbad 5919 Sea Otter Pl., 92010 138,019 2016
Atlas at Carlsbad 5909 Sea Otter Pl., 92010 93,773 2016
ViaSat at Bressi Ranch - Lots 1-9 2508 Gateway Rd., 92009 65,700 2016
ViaSat at Bressi Ranch - Bldg. 10 2502 Gateway Rd., 92009 77,400 2015
Palomar Forum Business Park 3132 Tiger Run Court, 92010 275,000 2008
Ocean Collection 2510 Gateway Road, 92009 50,498 2008
Bressi Ranch 2712 Gateway Rd, 92009 10,566 2008
Bressi Ranch 2712 Gateway Rd, 92009 10,566 2008
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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 Yardi Research Data can guarantee that the information provided is complete.