2025 Office Space Rent & Sales
- $40.60 2025 Avg. Asking Rent
- 12.00% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Monrovia?
Average asking rents for office space here stand at $40.60 per square foot. The local office market recorded an average vacancy rate of 12.00% in 2025, unchanged from 12.00% in 2024.
Monrovia, 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.
What are the largest recent office completions in Monrovia?
The largest recent office completion here is Foothill Technology Center at 251,324 square feet, completed in 1986. The next largest completions are Huntington Oaks Office Center and 1705 South Mountain Avenue.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 252 W Foothill Blvd | 252 W Foothill Blvd, 91016 | 9,200 | 2005 |
| 111 West Lemon Avenue | 111 West Lemon Avenue, 91016 | 48,225 | 1989 |
| Foothill Technology Center | 404-408, 555-606 E. Huntington Dr., 91016 | 251,324 | 1986 |
| For Sale - 13,361 SF Flex/ Office Condo in Monrovia | 421 E Huntington Dr, 91016 | 13,361 | 1984 |
| Huntington Oaks Office Center | 1333 South Mayflower Avenue, 91016 | 84,589 | 1982 |
| 790 W. Chestnut Ave | 790 W. Chestnut Ave, 91016 | 2,800 | 1982 |
| 814 W Foothill Blvd | 814 W Foothill Blvd, 91016 | 2,842 | 1961 |
| 1705 South Mountain Avenue | 1705 South Mountain Avenue, 91016 | 55,000 | 1952 |
| 805 S Shamrock Ave | 805 S Shamrock Ave, 91016 | 5,134 | 1921 |
See reports for other markets
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- San Diego Office Rent Price
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- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- Redwood City Office Rent Price
- Walnut Creek Office Rent Price
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- 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.