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Fresno Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Fresno is $25.94 per square foot, 5.12% higher compared to the previous year.
  • The market’s vacancy rate stands at 16.30%, lower than the state average of California, which is 18.44%.
  • 50,000 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $25.94 2025 Avg. Asking Rent
  • 5.12% Y-o-Y Avg. Asking Rent Change
  • 16.30% 2025 Office Vacancy Rate

What is the average asking rent price for office space in Fresno?

Average asking rents for office space here stand at $25.94 per square foot. The local office market recorded an average vacancy rate of 16.30% in 2025, unchanged from 16.30% in 2024.

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Fresno, CA Office Asking Rents by Class

What is the average office rent per square foot by property class in CA?

  • Avg. Asking Rent Class A & A+$58.81
  • Avg. Asking Rent Class B$37.82
  • Avg. Asking Rent Class C$22.26

For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.

Fresno, CA Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Fresno was North Fresno County at 10.45%. Meanwhile, the highest office vacancy rate in the market was 25.59%, recorded in South Fresno County.
Submarket Asking Rents Vacancy Rates
North Fresno County $26.09 10.45%
South Fresno County $22.76 25.59%
Data provided by Yardi Research

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Office Construction in Fresno, CA

  • Fresno, CA Total SF under construction in 2026 50,000

What are the largest recent office completions in Fresno?

The largest recent office completion here is Civic Center Square - 2440 Tulare Street at 89,097 square feet, completed in 2006. The next largest completions are Sugar Pine Square and Office Building within Palm Bluffs Corporate Park.

Office building Address SF Completed
4679 W Spruce Ave 4679 W Spruce Ave, 93722 12,960 2021
Sugar Pine Square 225 East Nees Avenue, 93720 60,000 2019
7546 North Colonial Avenue 7546 N Colonial Ave, 93711 12,424 2019
Professional Office Space For Lease 4930 E Ashlan Ave, 93726 8,300 2009
1843 E Fir 1843 E Fir, 93720 23,740 2007
Office/Flex Space Available in Excellent Condition & Move-In Ready 5096 N Blythe Ave, 93722 20,500 2007
6729-6733 North Willow Avenue 6729-6733 North Willow Avenue, 93710 15,208 2007
Civic Center Square - 2440 Tulare Street 2440 Tulare Street, 93721 89,097 2006
Office Building within Palm Bluffs Corporate Park 7440 N Palm Ave, 93711 32,344 2005
7161 N Howard St 7161 N Howard St, 93720 22,256 2005
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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.

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