Folsom Office Market Trends

Office Rental Market

  • $26.08 2019 Avg. Asking Rent
  • 9.61 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Folsom was $26.08 per square foot, and the office vacancy rate across the market averaged 9.61 %. During 2019, developers added 0 square feet of new office space to the Folsom 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

  • Folsom Class A Office Buildings$27.17
  • Folsom Class B Office Buildings$23.07
  • CA Class A Office Buildings$51.59
  • CA Class B Office Buildings$34.34
  • CA Class C Office Buildings$22.62

Folsom, CA Office Asking Rents by Class

OFFICE CONSTRUCTION IN Folsom, CA

  • Folsom, CA Total Sqft completed in 2019 0
  • Folsom, CA Total Sqft under construction in 2020 0
10 Largest Office Buildings in Folsom
Building name Address Total Sqft Year built
250 Outcropping Way 250 Outcropping Way, 95630 277,360 2010
2365 Iron Point Road 2365 Iron Point Road, 95630 154,998 2003
Kaiser Permanente Folsom Medical Offices 2155 Iron Point Road, 95630 125,000 2002
Iron Point Business Park 1180 Iron Point Road, 95630 123,000 2001
Parkshore Plaza - 255 & 295 Parkshore Drive 255 Parkshore Drive, 95630 114,356 1999
Natoma Station Corporate Center 950 Iron Point Road, 95630 102,750 1999
Silverbrook Business Park 625 Coolidge Drive, 95630 100,500 1997
2295 Iron Point Road 2295 Iron Point Road, 95630 100,086 2008
Glenn Drive Technology Park 950 Glenn Drive, 95630 97,780 2001
2235 Iron Point Road 2235 Iron Point Road, 95630 96,022 2008
Largest Office Properties Recently Completed in Folsom
Office building Address Sqft Completed
250 Outcropping Way 250 Outcropping Way, 95630 277,360 2010
Palladio at Broadstone 340 Palladio Pkwy, 95630 81,405 2010
Kaiser Permanente Folsom Ambulatory Surgery Center 285 Palladio Pkwy, 95630 46,000 2009
2295 Iron Point Road 2295 Iron Point Road, 95630 100,086 2008
2235 Iron Point Road 2235 Iron Point Road, 95630 96,022 2008
Broadstone Park Professional Center 1831 Iron Point Road, 95630 73,000 2008
Willow Creek Medical Office Park 1731 Creekside Drive, 95630 56,595 2007
Broadstone Business Center - 75 Iron Point Circle 75 Iron Point Circle, 95630 48,721 2007
Heller Executive Center 1024 Iron Point Road, 95630 25,306 2006
The Vintage at Folsom 2130 East Bidwell Street, 95630 55,248 2005
Data provided by Commercial Edge

Office Spaces for Rent in California

FOLSOM OFFICE SALES TRENDS

  • $201.462019 Avg. Price per Sqft
  • 25.92 %Y-o-Y Avg. PpSF Change
  • $58.9M2019 Office Sales Volume
  • 32019 Number of Transactions

In 2019, office sales in Folsom averaged $201.46 per square foot. This marked a 25.92 % increase in office price per square foot, compared to the previous year. A total of 3 office sales closed on the Folsom office market in 2019, amounting to a total sales volume of $58.9M.

Average Office Sale Price per Sqft

Folsom, CA Sales Trends

  • Folsom Price per Sqft$201.46
  • California Price per Sqft$437.86

Office Sales - Trend and Volume

  • Folsom, CA Total Office Sales Volume in 2019 $58.9M
  • Folsom, CA Total Number of Office Sales Closed in 2019 3

Largest Folsom Office Sales in 2019

Property name Address Date Price
2365 Iron Point Road 2365 Iron Point Road 12/4/2019 $31,900,000
Natoma Station Corporate Center 950 Iron Point Road 10/3/2019 $23,700,000
Sutter Medical Plaza - Folsom Health & Wellness Center 2575 East Bidwell Street 5/10/2019 $3,272,500
Data provided by Commercial Edge

See trends for nearby markets

The Folsom office market contains an inventory of 3,546,360 square feet of office space, in 113 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 Folsom 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.