Orange Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Orange is $25.82 per square foot, 12.43% lower compared to the previous year.
  • The average sale price for office space in Orange is $166.27 per square foot, marking an increase of 17.92% compared to 2024.
  • The market’s vacancy rate stands at 11.24%, lower than the state average of California, which is 18.44%.

2025 Office Space Rent & Sales

  • $25.82 2025 Avg. Asking Rent
  • -12.43% Y-o-Y Avg. Asking Rent Change
  • 11.24% 2025 Office Vacancy Rate
  • $205.9M2025 Total Office Sales
  • $166.27Avg. Sale Price/SF

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

Average asking rents for office space here stand at $25.82 per square foot. The local office market recorded an average vacancy rate of 11.24% in 2025, unchanged from 11.24% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $205.9M across 10 sales. These transactions commanded an average sale price per square foot of $166.27.

Orange, 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.

Orange, CA Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Orange was Orange at 6.16%. Meanwhile, the highest office vacancy rate in the market was 17.23%, recorded in Platinum Triangle.
Submarket Asking Rents Vacancy Rates
Platinum Triangle $38.75 17.23%
St. Joseph Center $28.20 13.49%
Anaheim Resort $25.82 12.45%
Orange $25.24 6.16%
Data provided by Yardi Research

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2025 Office Sales Volume

  • $166.272025 Avg. Price per SF
  • 17.92%Y-o-Y Avg. PpSF Change
  • $205.9M2025 Office Sales Volume
  • 102025 Number of Transactions

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

Average sale prices for office space in this market recorded a +17.92% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $166.27 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.

Orange, CA Sale Price per SF Trend

  • Orange Avg. Sale Price per SF in 2025$166.27
  • California Avg. Sale Price per SF in 2025$295.06

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

The local office market recorded 10 deals in 2025, adding up to a yearly sales volume of $205.9M.

  • Orange, CA Total Office Sales Volume in 2025 $205.9M
  • Orange, CA Total Number of Office Sales Closed in 2025 10
Data provided by Yardi Research

2025 Office Construction in Orange, CA

  • Orange, CA Total SF completed in 2025 333,000

How much office space was built in Orange in 2025?

333,000 square feet of new office space was delivered across the market in the previous year. New construction included 1 properties, with an average new property size of 333,000 square feet.

What are the largest recent office completions in Orange?

The largest recent office completion here is City Tower at 435,177 square feet, completed in 1988. The next largest completions are Orange Executive Tower and Orange Center Tower.

Office building Address SF Completed
St. Joseph Medical Tower 1010 West La Veta Avenue, 92868 120,600 2008
Arena Corporate Center 1400 S. Douglass Rd., 92806 127,750 2003
West Chapman Dental Arts Building 2401 W Chapman Ave, 92868 8,608 1990
City Tower 333 City Blvd West, 92868 435,177 1988
Orange Executive Tower 1100 Town and Country Road, 92868 388,374 1987
Orange Center Tower 500 North State College Blvd, 92868 281,699 1987
CrestView Corporate Center 3111 North Tustin Avenue, 92865 60,000 1987
TriCentre 333 S. Anita Dr., 92868 211,546 1986
1878 North Main Street 1878 North Main Street, 92865 30,600 1986
City Centre I 625 The City Dr. S., 92668 150,161 1985
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.