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 Yardi Research
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.

Office Spaces for Rent in California

Coworking Spaces in California

Largest Office Properties Recently Completed in Garden Grove
Office building Address SF Completed
12828 Harbor Blvd 12828 Harbor Blvd, 92840 21,599 1987
7345 Orangewood Ave. 7345 Orangewood Ave., 92641 75,911 1985
Garden Grove Medical Building 12555 Garden Grove Blvd., 92843 54,632 1983
7077 Orangewood Avenue 7077 Orangewood Avenue, 92841 39,294 1981
11556-11590 Trask Avenue 11556-11590 Trask Avenue, 92843 35,084 1974
Cardinal Circle Industrial Park 11615 Cardinal Cir, 92843 51,256 1968
12630 Brookhurst Street 12630 Brookhurst Street, 92840 8,243 1960

Worth noting among recent office completions on the Garden Grove market is 12828 Harbor Blvd, which is currently the largest new office development in the city, at 21,599 square feet.

Data provided by Yardi Research

See reports for other 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 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 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 Yardi Research Data can guarantee that the information provided is complete.