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Garden Grove Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $25.86 2024 Avg. Asking Rent
  • 10.50% 2024 Office Vacancy Rate

Garden Grove office price per square foot in 2024 was $25.86 on average. The local office market recorded an average vacancy rate of 10.50% 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

Garden Grove, CA Office Asking Rents by Class

2024 Office Vacancy Rates in Garden Grove

Submarket Asking Rents Vacancy Rates
Anaheim Resort $28.34 23.11%
Cypress $27.65 13.96%
Garden Grove $24.48 7.38%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Garden Grove market was 10.50% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Garden Grove was 7.38% in the Garden Grove submarket, while the highest office vacancy in the market was 23.11%, recorded in Anaheim Resort.

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Largest Office Properties Recently Completed in Garden Grove
Office building Address SF Completed
12966 Euclid Street 12966 Euclid Street, 92840 64,800 1987
12828 Harbor Blvd 12828 Harbor Blvd, 92840 21,599 1987
9140 Trask Ave 9140 Trask Ave, 92844 12,118 1986
CityView Plaza 12361 Lewis Street, 92840 148,214 1984
Garden Grove Medical Building 12555 Garden Grove Blvd., 92843 54,632 1983
Garden Grove Medical Plaza 12555 Garden Grove Blvd., 92843 54,632 1983
Professional Office Space Available 12235 Beach Blvd, 90680 37,185 1981
Beach Executive Plaza 12235 Beach Blvd, 92841 37,080 1981
+/- 38,124 SF Multi Tenant Office Building For Sale 12235 Beach Blvd, 90680 37,019 1981
11556-11590 Trask Avenue 11556-11590 Trask Avenue, 92843 35,084 1974

Worth noting among recent office completions on the Garden Grove market is 12966 Euclid Street, which is currently the largest new office development in the city, at 64,800 square feet.

Data provided by Commercial Edge

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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 CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Garden Grove 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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