Cypress Office Market Trends

Office Rental Market

  • $27.66 2019 Avg. Asking Rent
  • 6.00 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Cypress was $27.66 per square foot, and the office vacancy rate across the market averaged 6.00 %. During 2019, developers added 0 square feet of new office space to the Cypress market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Cypress Class A Office Buildings$32.81
  • Cypress Class B Office Buildings$27.22
  • CA Class A Office Buildings$51.59
  • CA Class B Office Buildings$34.34
  • CA Class C Office Buildings$22.62

Cypress, CA Office Asking Rents by Class

OFFICE CONSTRUCTION IN Cypress, CA

  • Cypress, CA Total Sqft completed in 2019 0
  • Cypress, CA Total Sqft under construction in 2020 0
10 Largest Office Buildings in Cypress
Building name Address Total Sqft Year built
6400 Katella Avenue 6400 Katella Avenue, 90630 350,000 1988
5701 Katella Avenue 5701 Katella Avenue, 90630 210,000 1989
5665 Plaza Drive 5665 Plaza Drive, 90630 150,549 1991
Cypress Business & Professional Center 10801 Walker Street, 90630 108,000 1998
Cypress Crossroads 10833 Valley View Street, 90630 106,341 1987
5995 Plaza Drive 5995 Plaza Drive, 90630 104,377 1986
Warland Cypress Business Center - 10600 Valley View Street 10600 Valley View Street, 90630 91,000 1980
Cypress Corporate Plaza 10805 Holder Street, 90630 84,924 1989
5551 Katella Avenue 5551 Katella Avenue, 90630 80,158 1998
Warland Cypress Business Center - 6261 Katella Avenue 6261 Katella Avenue, 90630 73,525 2000
Largest Office Properties Recently Completed in Cypress
Office building Address Sqft Completed
Warland Cypress Business Center - 10803 Hope Street 10803 Hope Street, 90630 69,440 2001
Warland Cypress Business Center - 6141 Katella Avenue 6141 Katella Avenue, 90630 63,235 2001
Warland Cypress Business Center - 6021 Katella Avenue 6021 Katella Avenue, 90630 63,235 2001
Warland Cypress Business Center - 6261 Katella Avenue 6261 Katella Avenue, 90630 73,525 2000
Warland Cypress Business Center - 6251 Katella Avenue 6251 Katella Avenue, 90630 68,815 2000
Cypress Business & Professional Center 10801 Walker Street, 90630 108,000 1998
5551 Katella Avenue 5551 Katella Avenue, 90630 80,158 1998
5660 Katella Avenue 5660 Katella Avenue, 90630 55,574 1998
5665 Plaza Drive 5665 Plaza Drive, 90630 150,549 1991
5701 Katella Avenue 5701 Katella Avenue, 90630 210,000 1989
Data provided by Commercial Edge

Office Spaces for Rent in California

See trends for nearby markets

The Cypress office market contains an inventory of 2,101,126 square feet of office space, in 26 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 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.