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Escondido Office Rent Price & Sales Report

2020 Office Space Rent & Sales

  • $26.87 2020 Avg. Asking Rent
  • 6.39% 2020 Office Vacancy Rate

Escondido office price per square foot in 2020 was $26.87 on average. The local office market recorded an average vacancy rate of 6.39% across all asset classes combined.

Average Rent by Office Class

2020 Average Office Rent per Square Foot

  • Escondido Class A Office Space$31.46
  • Escondido Class B Office Space$26.73
  • California Class A Office Space$55.92
  • California Class B Office Space$35.12
  • California Class C Office Space$23.50

Escondido, CA Office Asking Rents by Class

2020 Office Construction in Escondido, CA

  • Escondido, 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 Escondido 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 Escondido
Office building Address SF Completed
Palomar Health Outpatient Center I 2125 Citracado Pkwy, 92029 75,000 2018
649 West Mission Avenue 649 West Mission Avenue, 92025 105,000 2015
La Terraza Corporate Plaza 500 La Terraza Blvd, 92025 78,477 2008
600 La Terraza Blvd 600 La Terraza Blvd, 92025 49,756 2007
Citracado Medical Plaza 625 West Citracado Pkwy, 92025 47,654 2007
Escondido Medical Arts Center 225 East 2nd Avenue, 92025 49,302 1994
Automobile Club Building 800 La Terraza Blvd, 92025 49,100 1992
Crest Corporate Center 221 West Crest Street, 92025 31,998 1991
Valley Park Medical Center 488 East Valley Pkwy, 92025 70,058 1990
State Place business Center 101 State Place, 92029 32,368 1989

Worth noting among recent office completions on the Escondido market is Palomar Health Outpatient Center I, which is currently the largest new office development in the city, at 75,000 square feet.

Data provided by Commercial Edge

See reports for nearby markets

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  • Murrieta 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 Escondido 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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