Riverside Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Riverside is $25.14 per square foot, 0.24% higher compared to the previous year.
  • The market’s vacancy rate stands at 4.55%, lower than the state average of California, which is 18.44%.

2025 Office Space Rent & Sales

  • $25.14 2025 Avg. Asking Rent
  • 0.24% Y-o-Y Avg. Asking Rent Change
  • 4.55% 2025 Office Vacancy Rate
  • $48.8M2025 Total Office Sales
  • $219.54Avg. Sale Price/SF

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

Average asking rents for office space here stand at $25.14 per square foot. The local office market recorded an average vacancy rate of 4.55% in 2025, unchanged from 4.55% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $48.8M across 5 sales. These transactions commanded an average sale price per square foot of $219.54.

Riverside, 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.

Explore Top Office Markets in California

2025 Office Sales Volume

  • $219.542025 Avg. Price per SF
  • -14.50%Y-o-Y Avg. PpSF Change
  • $48.8M2025 Office Sales Volume
  • 52025 Number of Transactions

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

Average sale prices for office space in this market recorded a -14.50% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $219.54 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.

Riverside, CA Sale Price per SF Trend

  • Riverside Avg. Sale Price per SF in 2025$219.54
  • California Avg. Sale Price per SF in 2025$295.06

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

The local office market recorded 5 deals in 2025, adding up to a yearly sales volume of $48.8M.

  • Riverside, CA Total Office Sales Volume in 2025 $48.8M
  • Riverside, CA Total Number of Office Sales Closed in 2025 5
Data provided by Yardi Research

Office Construction in Riverside, CA

What are the largest recent office completions in Riverside?

The largest recent office completion here is Citrus Tower at 137,122 square feet, completed in 2012. The next largest completions are Towers at Riverwalk and 2280 Market St..

Office building Address SF Completed
Citrus Tower 3390 University Ave., 92507 137,122 2012
Towers at Riverwalk 4210 Riverwalk Pky., 92505 96,824 2008
Buildings 3 & 4 19340 Jesse Ln., 92508 13,626 2007
Building 4 7899 Mission Grove Pky. S., 92508 13,560 2007
4199 Flat Rock Dr 4199 Flat Rock Road, 92505 4,635 2007
2300 Market St. 2300 Market St., 92501 63,804 2006
Chicago Gateway - Building B 1955 Chicago Ave., 92507 34,457 2006
2280 Market St. 2280 Market St., 92501 65,380 2005
Riverside Gateway 3550 Vine St., 92507 45,800 2005
Riverside Gateway 3480 Vine St., 92507 45,800 2005
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.