2020 Office Space Rent & Sales
- $26.10 2020 Avg. Asking Rent
- 1.72 % Y-o-Y Avg. Asking Rent Change
- 7.20 % 2020 Office Vacancy Rate
Rancho Cucamonga office price per square foot in 2020 was $26.10 on average. This marked a +1.72 % change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 7.20 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Rancho Cucamonga Class A Office Space$29.07
- Rancho Cucamonga Class B Office Space$23.87
- Rancho Cucamonga Class C Office Space$18.00
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Rancho Cucamonga, CA Office Asking Rents by Class
Average office rent in Rancho Cucamonga rested at $26.10 per square foot in 2020. As would be expected, office rent price showed some variation from one asset class to another. As such, the asking rent for class A office space in Rancho Cucamonga averaged $29.07 per square foot. Across all submarkets, class B office space recorded an average asking rent of $23.87 per square foot. Meanwhile, assets encompassing class C office space saw asking rents of $18.00 per square foot, on average. Comparably, statewide California average office rents by class in 2020 were: $55.92 per square foot for class A office space; $35.12 per square foot for class B office space; $23.50 per square foot for class C office space.
2020 Office Construction in Rancho Cucamonga, CA
- Rancho Cucamonga, CA Total Sqft completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Rancho Cucamonga office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|Vintner's Grove - Building 3||8686 Haven Avenue, 91730||60,486||2009|
|Rockefeller Group Professional Center - 9373-9405 Haven Avenue||9405 Haven Avenue, 91730||71,670||2008|
|Vintner's Grove - Building 2||8656 Haven Avenue, 91730||60,486||2008|
|Masi Business Center||11879 Sebastian Way, 91730||59,672||2008|
|8163 Rochester Avenue||8163 Rochester Avenue, 91730||39,600||2008|
|Rockefeller Group Professional Center - 8885 Haven Avenue||8885 Haven Avenue, 91730||27,191||2008|
|8855 Haven Avenue||8855 Haven Avenue, 91730||25,631||2008|
|Empire Corporate Plaza - 10760 4th Street||10760 4th Street, 91730||83,248||2007|
|Empire Corporate Plaza - 10740 4th Street||10740 4th Street, 91730||82,000||2007|
|Empire Corporate Plaza - 10750 4th Street||10750 4th Street, 91730||82,000||2007|
Worth noting among recent office completions on the Rancho Cucamonga market is Vintner's Grove - Building 3, which is currently the largest new office development in the city, at 60,486 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Rancho Cucamonga 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 CommercialEdge can guarantee that the information provided is complete.