2020 Office Space Rent & Sales
- $28.86 2020 Avg. Asking Rent
- 10.13 % Y-o-Y Avg. Asking Rent Change
- 0.00 % 2020 Office Vacancy Rate
Rancho Santa Margarita office price per square foot in 2020 was $28.86 on average. This marked a +10.13 % change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 0.00 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Rancho Santa Margarita Class B Office Space$28.86
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Rancho Santa Margarita, CA Office Asking Rents by Class
2020 Office Construction in Rancho Santa Margarita, CA
|Tomas Professional Center||30212 Tomas, 92688||57,000||2007|
|Ladera Corporate Terrace||111 Corporate Drive, 92694||300,000||2003|
|Arbours Office Campus||29881 Santa Margarita Pkwy, 92688||155,000||2001|
|Empresa Corporate Plaza||22342 Avenida Empresa, 92688||52,721||2000|
|30151 Tomas||30151 Tomas, 92688||96,709||1998|
|22382 Avenida Empresa||22382 Avenida Empresa, 92688||36,000||1998|
|22942 Arroyo Vista||22942 Arroyo Vista, 92688||51,800||1994|
|Rancho Santa Margarita Center||30211 Avenida De Las Banderas, 92688||40,311||1989|
|RSM Office Center||30021 Tomas, 92688||36,673||1989|
|RSM Business Park||30151 Avenida De Las Banderas, 92688||74,159||1988|
Worth noting among recent office completions on the Rancho Santa Margarita market is 30151 Tomas, which is currently the largest new office development in the city, at 96,709 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 Santa Margarita 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.