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Cypress Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $28.44 2024 Avg. Asking Rent
  • 13.92% 2024 Office Vacancy Rate

Cypress office price per square foot in 2024 was $28.44 on average. The local office market recorded an average vacancy rate of 13.92% 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

Cypress, CA Office Asking Rents by Class

2024 Office Vacancy Rates in Cypress

Submarket Asking Rents Vacancy Rates
Buena Park $30.57 15.64%
Cypress $27.65 13.96%
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 Cypress market was 13.92% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Cypress was 13.96% in the Cypress submarket, while the highest office vacancy in the market was 15.64%, recorded in Buena Park.

Office Spaces for Rent in California

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Coworking Spaces in California

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Largest Office Properties Recently Completed in Cypress
Office building Address SF Completed
Cypress Crossroads 10833 Valley View St., 90630 106,341 1987
6363 Katella Avenue 6363 Katella Avenue, 90630 32,670 1984
6363 Katella Avenue 6363 Katella Avenue, 90630 32,256 1984
Cypress Professional Bldg 6101 Ball Rd, 90630 34,878 1983

Worth noting among recent office completions on the Cypress market is Cypress Crossroads, which is currently the largest new office development in the city, at 106,341 square feet.

Data provided by Commercial Edge

See reports for other markets

  • Los Angeles Office Rent Price
  • San Francisco Office Rent Price
  • San Diego Office Rent Price
  • Sacramento Office Rent Price
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  • Irvine Office Rent Price
  • Fresno Office Rent Price
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  • Beverly Hills 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 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 Cypress 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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