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Concord Office Rent Price & Sales Report

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.

Largest Office Properties Recently Completed in Concord
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.

Data provided by Commercial Edge

See reports for nearby markets

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  • Fremont Office Rent Price
  • San Mateo Office Rent Price

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.

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