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Corona Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $31.55 2024 Avg. Asking Rent
  • 1.71% Y-o-Y Avg. Asking Rent Change
  • 11.67% 2024 Office Vacancy Rate

Corona office price per square foot in 2024 was $31.55 on average. This marked a +1.71% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.67% 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

Corona, CA Office Asking Rents by Class

2024 Office Vacancy Rates in Corona

Submarket Asking Rents Vacancy Rates
Southwest Riverside County $30.14 7.97%
Corona $29.58 8.03%
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 Corona market was 11.67% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Corona was 7.97% in the Southwest Riverside County submarket, while the highest office vacancy in the market was 8.03%, recorded in Corona.

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Coworking Spaces in California

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2024 Office Construction in Corona, CA

Largest Office Properties Recently Completed in Corona
Office building Address SF Completed
Vista Dos Lagos - Lakeside 2794 Pronio Circle, 92883 17,809 2025
Building A 4140 Temescal Canyon Rd., 92883 146,785 2020
Boureston Medical Arts Campus 308 6th Street, 92882 26,400 2019
Corona Summit Surgical Center 2370 Anselmo Dr, 92879 8,315 2011
Corona Medical Arts Plaza 2815 South Main Street, 92882 60,000 2010
Building B 4160 Temescal Canyon Rd., 92883 160,000 2008
4740 Green River Rd. 4740 Green River Rd., 92878 68,027 2008
4740 Green River Rd. 4740 Green River Rd., 92878 68,027 2008
Corona Corporate Centre - Bldg 7 2045 Compton Ave, 92881 20,534 2008
Citrus Woods Business Center 410 Le Roy Drive, 92879 173,907 2007

Worth noting among recent office completions on the Corona market is Vista Dos Lagos - Lakeside, which is currently the largest new office development in the city, at 17,809 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 Corona 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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