2020 Office Space Rent & Sales
- $26.85 2020 Avg. Asking Rent
- 12.57% 2020 Office Vacancy Rate
Concord office price per square foot in 2020 was $26.85 on average. The local office market recorded an average vacancy rate of 12.57% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Concord Class B Office Space$26.98
- Concord Class C Office Space$24.55
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Concord, CA Office Asking Rents by Class
2020 Office Construction in Concord, CA
- Concord, CA Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Concord office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
| Office building | Address | SF | 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 |
| Concord Airport Plaza - A | 1200 Concord Avenue, 94520 | 185,513 | 1989 |
| Garaventa Park - 2500 Bates Avenue | 2500 Bates Avenue, 94520 | 112,701 | 1989 |
Worth noting among recent office completions on the Concord market is 5003 Commercial Circle, which is currently the largest new office development in the city, at 56,966 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market 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.