Roseville Office Market Trends

Office Rental Market

  • $24.26 2019 Avg. Asking Rent
  • 11.40 % 2019 Avg. Vacancy Rate
  • 469,000 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Roseville was $24.26 per square foot, and the office vacancy rate across the market averaged 11.40 %. During 2019, developers added 469,000 square feet of new office space to the Roseville market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Roseville Class A Office Buildings$28.22
  • Roseville Class B Office Buildings$23.57
  • Roseville Class C Office Buildings$21.78
  • CA Class A Office Buildings$51.59
  • CA Class B Office Buildings$34.34
  • CA Class C Office Buildings$22.62

Roseville, CA Office Asking Rents by Class

Office asking rents vary across the Roseville office market depending on several factors, one of which is property class. While rents for Class A office buildings in Roseville averaged $28.22 per square foot in 2019, Class B office properties garnered average rental rates of $23.57 per square foot. Rental rates for Class C office property in Roseville averaged $21.78 per square foot. On a statewide level, Class B office space rents averaged $34.34 per square foot, while rents for Class A office space across California averaged $51.59 per square foot. On average, Class C office properties in California commanded rents of $22.62 per square foot.

OFFICE CONSTRUCTION IN Roseville, CA

  • Roseville, CA Total Sqft completed in 2019 469,000
  • Roseville, CA Total Sqft under construction in 2020 0
10 Largest Office Buildings in Roseville
Building name Address Total Sqft Year built
Adventist Health Headquarters 1 Adventist Health Way, 95661 275,000 2019
Kaiser Permanente Roseville Medical Center - Medical Office Building 2 1600 Eureka Road, 95661 270,000 2008
Roseville Innovation Center - R5 8050 Foothills Blvd, 95747-6505 241,455 1979
Kaiser Permanente Riverside Medical Office Building 1001 Riverside Avenue, 95678 210,000 2019
Junction Crossing 8150 Industrial Avenue, 95678 207,782 1993
South Placer Business Park 1380 Lead Hill Blvd, 95661 204,010 1992
Roseville Innovation Park - 620 Roseville Pkwy 620 Roseville Pkwy, 95747 200,928 1995
Olympus Corporate Centre 3001 Douglas Blvd, 95661 195,625 1992
199 North Sunrise Avenue 199 North Sunrise Avenue, 95661 168,555 1980
Stanford Ranch Office Plaza 2201 Plaza Drive, 95765 164,462 2003
Largest Office Properties Recently Completed in Roseville
Office building Address Sqft Completed
Adventist Health Headquarters 1 Adventist Health Way, 95661 275,000 2019
Kaiser Permanente Riverside Medical Office Building 1001 Riverside Avenue, 95678 210,000 2019
2001 Freedom Way 2001 Freedom Way, 95678 119,434 2016
316 Vernon Street 316 Vernon Street, 95678 82,000 2016
8 Medical Plaza Drive 8 Medical Plaza Drive, 95661 60,000 2016
1700 Freedom Way 1700 Freedom Way, 95678 50,000 2016
Kaiser Permanente Roseville Medical Center - Medical Office Building 2 1600 Eureka Road, 95661 270,000 2008
Stone Point Corporate Center 1478 Stone Point Drive, 95661 117,032 2008
Highland Pointe - 915 Highland Pointe Drive 915 Highland Pointe Drive, 95678 115,341 2008
Blue Oaks Plaza 10000 Foothills Blvd, 95747 97,727 2008
Data provided by Commercial Edge

Office Spaces for Rent in California

ROSEVILLE OFFICE SALES TRENDS

  • $204.722019 Avg. Price per Sqft
  • 19.53 %Y-o-Y Avg. PpSF Change
  • $150.3M2019 Office Sales Volume
  • 62019 Number of Transactions

In 2019, office sales in Roseville averaged $204.72 per square foot. This marked a 19.53 % increase in office price per square foot, compared to the previous year. A total of 6 office sales closed on the Roseville office market in 2019, amounting to a total sales volume of $150.3M.

Average Office Sale Price per Sqft

Roseville, CA Sales Trends

  • Roseville Price per Sqft$204.72
  • California Price per Sqft$437.86

Office Sales - Trend and Volume

  • Roseville, CA Total Office Sales Volume in 2019 $150.3M
  • Roseville, CA Total Number of Office Sales Closed in 2019 6

Largest Roseville Office Sales in 2019

Property name Address Date Price
Parkway Corporate Plaza - 1620 East Roseville Pkwy 1620 East Roseville Pkwy 2/14/2019 $27,819,990
Stoneview Plaza 3001 Lava Ridge Court 8/22/2019 $24,900,000
Parkway Corporate Plaza - 1660 East Roseville Pkwy 1660 East Roseville Pkwy 2/14/2019 $20,275,120
Johnson Ranch 2220 Douglas Blvd 11/13/2019 $19,780,000
101 Creekside Ridge Court 101 Creekside Ridge Court 12/10/2019 $16,000,000
Data provided by Commercial Edge

See trends for nearby markets

The Roseville office market contains an inventory of 8,556,788 square feet of office space, in 219 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Roseville 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.