Highlights
- The average rent for office space in Burbank is $60.12 per square foot, 22.65% higher compared to the previous year.
- The market’s vacancy rate stands at 12.21%, lower than the state average of California, which is 18.44%.
- 326,000 square feet is currently under construction.
2025 Office Space Rent & Sales
- $60.12 2025 Avg. Asking Rent
- 22.65% Y-o-Y Avg. Asking Rent Change
- 12.21% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Burbank?
Average asking rents for office space here stand at $60.12 per square foot. The local office market recorded an average vacancy rate of 12.21% in 2025, unchanged from 12.21% in 2024.
Burbank, CA Office Asking Rents by Class
What is the average office rent per square foot by property class in Burbank?
- Avg. Asking Rent Class A & A+$64.29
- Avg. Asking Rent Class B$39.90
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.
Burbank, CA Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Burbank | $60.12 | 12.28% |
| Antelope Valley | $28.51 | 6.36% |
Office Construction in Burbank, CA
- Burbank, CA Total SF under construction in 2026 326,000
What are the largest recent office completions in Burbank?
The largest recent office completion here is 2950 North Hollywood Way at 155,042 square feet, completed in 2001. The next largest completions are Burbank Empire Center - 2350 West Empire and Providence Saint Joseph Medical Center - Burbank Medical Plaza II.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 3051-3055 N Hollywood Way | 3051-3055 N Hollywood Way, 91505 | 18,750 | 2022 |
| 3031-3035 N Hollywood Way | 3031-3035 N Hollywood Way, 91505 | 16,500 | 2022 |
| 3041-3045 N Hollywood Way | 3041-3045 N Hollywood Way, 91505 | 14,250 | 2022 |
| 3081 N Hollywood Way | 3081 N Hollywood Way, 91505 | 11,250 | 2022 |
| Providence Saint Joseph Medical Center - Burbank Medical Plaza II | 191 South Buena Vista Street, 91505 | 94,427 | 2008 |
| 250 E Olive Blvd | 250 E Olive Blvd, 91502 | 76,347 | 2005 |
| Providence Saint Joseph Medical Center - Burbank Medical Plaza I | 201 South Buena Vista Street, 91505 | 67,962 | 2004 |
| Burbank Empire Center - 2350 West Empire | 2350 West Empire Avenue, 91504 | 99,125 | 2002 |
| 2950 North Hollywood Way | 2950 North Hollywood Way, 91505 | 155,042 | 2001 |
| 115 N Hollywood Way | 115 N Hollywood Way, 91505 | 8,951 | 1997 |
See reports for other markets
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
- San Jose Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Oakland Office Rent Price
- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- Redwood City Office Rent Price
- Walnut Creek Office Rent Price
- Santa Clara Office Rent Price
- Long Beach Office Rent Price
- Beverly Hills Office Rent Price
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.