Rancho Cucamonga Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $25.49 2024 Avg. Asking Rent
  • 0.64% Y-o-Y Avg. Asking Rent Change
  • 7.38% 2024 Office Vacancy Rate
  • $45.1M2024 Total Office Sales
  • $296.47Avg. Sale Price/SF

Rancho Cucamonga office price per square foot in 2024 was $25.49 on average. This marked a +0.64% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 7.38% across all asset classes combined. The 4 transactions that closed here throughout 2024 amounted to a total sale volume of $45.1M. Rancho Cucamonga office space commanded an average sale price per square foot of $296.47.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • California Class A & A+ Office Space$60.31
  • California Class B Office Space$38.42
  • California Class C Office Space$26.20

Rancho Cucamonga, CA Office Asking Rents by Class

2024 Office Vacancy Rates in Rancho Cucamonga

Submarket Asking Rents Vacancy Rates
Ontario - Chino $27.38 11.47%
Rancho Cucamonga $25.51 4.94%
Fontana $21.16 4.92%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Rancho Cucamonga market was 7.38% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Rancho Cucamonga was 4.92% in the Fontana submarket, while the highest office vacancy in the market was 11.47%, recorded in Ontario - Chino.

Office Spaces for Rent in California

Rancho Cucamonga Office Sale Price per SF

  • $296.472024 Avg. Price per SF
  • 46.68%Y-o-Y Avg. PpSF Change
  • $45.1M2024 Office Sales Volume
  • 42024 Number of Transactions

Rancho Cucamonga, CA Sale Price per SF Trend

  • Rancho Cucamonga Avg. Sale Price per SF in 2024$296.47
  • California Avg. Sale Price per SF in 2024$249.15
Rancho Cucamonga office space cost in 2024 marked a +46.68% change compared to the previous year. The sale price for office space in Rancho Cucamonga averaged $296.47 per square foot in 2024, across all market subdivisions and asset classes. Conversely, the statewide California average office sale price during the same time period was $249.15 per square foot.

2024 Office Sales Volume

  • Rancho Cucamonga, CA Total Office Sales Volume in 2024 $45.1M
  • Rancho Cucamonga, CA Total Number of Office Sales Closed in 2024 4
A total of 4 deals closed on the Rancho Cucamonga office market in 2024, adding up to a yearly sales volume of $45.1M. Notably, the largest transaction on the market saw 9337 Milliken Avenue change hands for $21,450,000 on 10/25/2024.
Data provided by Commercial Edge

Coworking Spaces in California

Largest Office Properties Recently Completed in Rancho Cucamonga
Office building Address SF Completed
8163 Rochester Ave. 8163 Rochester Ave., 91730 39,600 2008
Haven Park - Bldg. D 9680 Haven Ave., 91730 76,278 2007
Trico Business Center 9300 Santa Anita Avenue, 91730 62,620 2007
8112 Milliken Ave #202 8112 Milliken Ave, 91730 3,460 2007
9421 Haven Ave 9421 Haven Ave, 91730 20,660 2006
9333 Fairway View Pl 9333 Fairway View Pl, 91730 14,000 2004
9333 Fairway View Place 9333 Fairway View Pl, 91730 14,000 2004
9353 Fairway View Pl. 9353 Fairway View Pl., 91730 14,000 2004
Utica Office Plaza - Bldg 3 8580 Utica Ave, 91730 2,647 2004
Utica Office Plaza - Bldg 3 8580 Utica Ave, 91730 2,647 2004

Worth noting among recent office completions on the Rancho Cucamonga market is 8163 Rochester Ave., which is currently the largest new office development in the city, at 39,600 square feet.

Data provided by Commercial Edge

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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. 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.