Office Rental Market
- $24.88 2019 Avg. Asking Rent
- 8.77 % 2019 Avg. Vacancy Rate
- 0 2019 Office Completions (Sqft)
- 0 2020 Estimated Pipeline (Sqft)
Average Office Asking Rents by Class
2019 Average Office Rent per Square Foot
- Concord Class A Office Buildings$18.00
- Concord Class B Office Buildings$24.94
- Concord Class C Office Buildings$25.20
- CA Class A Office Buildings$51.59
- CA Class B Office Buildings$34.34
- CA Class C Office Buildings$22.62
Concord, CA Office Asking Rents by Class
Office asking rents vary across the Concord office market depending on several factors, one of which is property class. While rents for Class A office buildings in Concord averaged $18.00 per square foot in 2019, Class B office properties garnered average rental rates of $24.94 per square foot. Rental rates for Class C office property in Concord averaged $25.20 per square foot. On a statewide level, Class B office space rents averaged $34.34 per square foot, while rents for Class A office space across California averaged $51.59 per square foot. On average, Class C office properties in California commanded rents of $22.62 per square foot.
OFFICE CONSTRUCTION IN Concord, CA
- Concord, CA Total Sqft completed in 2019 0
- Concord, CA Total Sqft under construction in 2020 0
Building name | Address | Total Sqft | Year built |
---|---|---|---|
Swift Plaza - Building D | 2000 Clayton Road, 94520 | 395,914 | 1986 |
One Concord Center | 2300 Clayton Road, 94520 | 358,589 | 1988 |
One Concord Center | 2300 Clayton Rd, 94520 | 358,589 | 1986 |
Concord Gateway I | 1850 Gateway Blvd, 94520 | 316,241 | 1987 |
Concord Gateway I | 1850 Gateway Blvd, 94520 | 300,995 | 1987 |
Swift Plaza - Building A | 1655 Grant Street, 94520 | 292,896 | 1986 |
Metroplex Office Center - Tower I | 1401 Willow Pass Road, 94520 | 231,000 | 2003 |
Two Corporate Centre | 1390 Willow Pass Road, 94520 | 213,188 | 1986 |
Swift Plaza - Building B | 2001 Clayton Road, 94520 | 203,642 | 1986 |
Swift Plaza - Building C | 1755 Grant Street, 94520 | 184,606 | 1986 |
Office building | Address | Sqft | Completed |
---|---|---|---|
5003 Commercial Circle | 5003 Commercial Circle, 94520 | 56,966 | 2007 |
Metroplex Office Center - Tower I | 1401 Willow Pass Road, 94520 | 231,000 | 2003 |
5141 Commercial Circle | 5141 Commercial Circle, 94520 | 36,252 | 2002 |
North Concord Business Park | 5130 Commercial Circle, 94520 | 66,306 | 2000 |
5099 Commercial Circle | 5099 Commercial Circle, 94520 | 34,974 | 2000 |
North Pointe Technology Centre | 4005 Port Chicago Hwy, 94520 | 100,575 | 1999 |
John Muir Health - Behavioral Health Center & North Campus Buildings | 2740 Grant Street, 94520 | 40,380 | 1992 |
4021 Port Chicago Hwy | 4021 Port Chicago Hwy, 94520 | 66,400 | 1991 |
Garaventa Park - 2500 Bates Avenue | 2500 Bates Avenue, 94520 | 112,701 | 1989 |
UFCW Plaza - North Building | 1000 Burnett Avenue, 94520 | 99,112 | 1989 |
See trends for nearby markets
The Concord office market contains an inventory of 5,250,558 square feet of office space, in 66 buildings that are equal to or larger than 25,000 square feet.
This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Concord 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.