2024 Office Space Rent & Sales
- $35.67 2024 Avg. Asking Rent
- 1.00% Y-o-Y Avg. Asking Rent Change
- 14.51% 2024 Office Vacancy Rate
Sherman Oaks office price per square foot in 2024 was $35.67 on average. This marked a +1.00% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 14.51% 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
Sherman Oaks, CA Office Asking Rents by Class
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 13425 Ventura Blvd. | 13425 Ventura Blvd., 91423 | 18,265 | 1993 |
| 4312 Woodman Ave | 4312 Woodman Ave, 91423 | 40,104 | 1990 |
| 14242 Ventura Blvd | 14242 Ventura Blvd, 91423 | 21,618 | 1989 |
| Columbus Center | 15165 Ventura Blvd, 91403 | 65,779 | 1987 |
| 4533 Van Nuys Blvd | 4533 Van Nuys Blvd, 91403 | 2,000 | 1986 |
| Sherman Oaks Atrium | 15315 Magnolia Blvd, 91403 | 92,996 | 1985 |
| 15060 Ventura Blvd | 15060 Ventura Blvd, 91403 | 52,929 | 1985 |
| Valley Executive Tower | 15260 Ventura Blvd, 91403 | 387,972 | 1984 |
| Woodman Plaza | 4730 Woodman Ave, 91407 | 30,922 | 1983 |
| Sherman Oaks Galleria | 15303 Ventura Blvd, 91403 | 21,000 | 1981 |
Worth noting among recent office completions on the Sherman Oaks market is 13425 Ventura Blvd., which is currently the largest new office development in the city, at 18,265 square feet.
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
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 Sherman Oaks 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.