2020 Office Space Rent & Sales
- $23.78 2020 Avg. Asking Rent
- -2.01% Y-o-Y Avg. Asking Rent Change
- 12.44% 2020 Office Vacancy Rate
- $237.3M2020 Total Office Sales
- $234.44Avg. Sale Price/SF
Roseville office price per square foot in 2020 was $23.78 on average. This marked a -2.01% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 12.44% across all asset classes combined. The 6 transactions that closed here throughout 2020 amounted to a total sale volume of $237.3M. Roseville office space commanded an average sale price per square foot of $234.44.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Roseville Class A Office Space$27.47
- Roseville Class B Office Space$22.78
- Roseville Class C Office Space$21.66
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Roseville, CA Office Asking Rents by Class
Average office rent in Roseville rested at $23.78 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 Roseville averaged $27.47 per square foot. Across all submarkets, class B office space recorded an average asking rent of $22.78 per square foot. Meanwhile, assets encompassing class C office space saw asking rents of $21.66 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.
Roseville Office Sale Price per SF
Roseville, CA Sale Price per SF Trend
- Roseville Avg. Sale Price per SF in 2020$234.44
- California Avg. Sale Price per SF in 2020$432.41
2020 Office Sales Volume
- Roseville, CA Total Office Sales Volume in 2020 $237.3M
- Roseville, CA Total Number of Office Sales Closed in 2020 6
Largest Roseville Office Sales in 2020
|Roseville Innovation Park - 8000-8060 Foothills Blvd||8000 Foothills Blvd||2/21/2020||$101,300,000|
|Roseville Innovation Park - 630 Roseville Pkwy||630 Roseville Pkwy||3/3/2020||$39,450,000|
|Douglas Corporate Center - 2901 Douglas Blvd||2901 Douglas Blvd||8/31/2020||$30,000,000|
|Lava Ridge Business Center - 3000 & 3010 Lava Ridge Court||3010 Lava Ridge Court||1/31/2020||$29,307,000|
|Douglas Corporate Center - 2999 Douglas Blvd||2999 Douglas Blvd||11/13/2020||$27,000,000|
2020 Office Construction in Roseville, CA
- Roseville, CA Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Roseville office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|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|
|Landmark Center||400 Sunrise Avenue, 95661||53,000||2009|
|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|
|Sutter Roseville Medical Center - 5 Medical Plaza Drive||5 Medical Plaza Drive, 95661||59,360||2008|
Worth noting among recent office completions on the Roseville market is Adventist Health Headquarters, which is currently the largest new office development in the city, at 275,000 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 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.