2024 Office Space Rent & Sales
- $28.15 2024 Avg. Asking Rent
- 4.98% Y-o-Y Avg. Asking Rent Change
- 20.11% 2024 Office Vacancy Rate
Folsom office price per square foot in 2024 was $28.15 on average. This marked a +4.98% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 20.11% 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
Folsom, CA Office Asking Rents by Class
2024 Office Vacancy Rates in Folsom
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Folsom | $28.05 | 20.14% |
| Highway 50 Corridor | $20.02 | 26.65% |
Coworking Spaces in California
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2024 Office Construction in Folsom, CA
- Folsom, CA Total SF under construction in 2025 114,000
| Office building | Address | SF | Completed |
|---|---|---|---|
| Quail Park At Folsom | 550 Plaza Dr, 95630 | 7,200 | 2007 |
| 540 Plaza Drive | 540 Plaza Drive, 95630 | 4,800 | 2007 |
| Folsom Corporate Center | 2365 Iron Point Road, 95630 | 150,709 | 2003 |
| 2365 Iron Point Road | 2365 Iron Point Road, 95630 | 150,351 | 2003 |
| Iron Point Business Park | 1180 Iron Point Road, 95630 | 123,000 | 2001 |
| Riley Professional Center | 785 Orchard Drive, 95630 | 40,528 | 2000 |
| Iron Point Business Park | 1130 Iron Point Road, 95630 | 33,127 | 1999 |
| Iron Point Business Park | 1120 Iron Point Road, 95630 | 16,516 | 1999 |
| Lake Forest Tech Center | 110 Woodmere Road, 95630 | 55,268 | 1998 |
| Silverbrook Business Park | 625 Coolidge Drive, 95630 | 100,500 | 1997 |
Worth noting among recent office completions on the Folsom market is Quail Park At Folsom, which is currently the largest new office development in the city, at 7,200 square feet.
See reports for other markets
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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 Yardi Research Data, a market intelligence solution which offers comprehensive real market 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 Yardi Research Data can guarantee that the information provided is complete.