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.
| 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.
See reports for nearby markets
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.