Bakersfield Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Bakersfield is $23.34 per square foot, 7.40% lower compared to the previous year.
  • The market’s vacancy rate stands at 9.53%, lower than the state average of California, which is 18.44%.

2025 Office Space Rent & Sales

  • $23.34 2025 Avg. Asking Rent
  • -7.40% Y-o-Y Avg. Asking Rent Change
  • 9.53% 2025 Office Vacancy Rate
  • $24M2025 Total Office Sales
  • $139.59Avg. Sale Price/SF

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

Average asking rents for office space here stand at $23.34 per square foot. The local office market recorded an average vacancy rate of 9.53% in 2025, unchanged from 9.53% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $24M across 3 sales. These transactions commanded an average sale price per square foot of $139.59.

Bakersfield, 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.

Explore Top Office Markets in California

2025 Office Sales Volume

  • $139.592025 Avg. Price per SF
  • -20.66%Y-o-Y Avg. PpSF Change
  • $24M2025 Office Sales Volume
  • 32025 Number of Transactions

What is the average sale price per square foot for office space in Bakersfield?

Average sale prices for office space in this market recorded a -20.66% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $139.59 per square foot. For comparison, the statewide California average during the same time period stood at $295.06 per square foot, while the national average was $182.48 per square foot.

Bakersfield, CA Sale Price per SF Trend

  • Bakersfield Avg. Sale Price per SF in 2025$139.59
  • California Avg. Sale Price per SF in 2025$295.06

What was the total office sales volume in Bakersfield in 2025?

The local office market recorded 3 deals in 2025, adding up to a yearly sales volume of $24M.

  • Bakersfield, CA Total Office Sales Volume in 2025 $24M
  • Bakersfield, CA Total Number of Office Sales Closed in 2025 3
Data provided by Yardi Research

Office Construction in Bakersfield, CA

What are the largest recent office completions in Bakersfield?

The largest recent office completion here is Four Story, Class "A" at 572,414 square feet, completed in 1995. The next largest completions are East Hills Pavillion and Two University Centre.

Office building Address SF Completed
431 34th St 431 34th St, 93301 9,919 2019
Crossroads Business Park, Building C, #200 5701 Young St, 93313 2,026 2016
University Place 8500 Stockdale Hwy, 93311 52,000 2007
Two University Centre 9201 Camino Media, 93311 53,186 2003
Four Story, Class "A" 900 Old River Rd, 93311 572,414 1995
East Hills Pavillion 3501 Mall View Road, 93306 57,243 1990
1405 Commercial Way 1405 Commercial Way, 93309 11,616 1990
5101 Office Park Drive 5101 Office Park Drive, 93309 39,726 1988
Westpark Business Center 5251 Office Park Drive, 93309 38,400 1988
901 34th St 901 34th St, 93301 2,370 1988
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.