Campbell Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $57.61 2024 Avg. Asking Rent
  • 41.50% 2024 Office Vacancy Rate

Campbell office price per square foot in 2024 was $57.61 on average. The local office market recorded an average vacancy rate of 41.50% across all asset classes combined.

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

  • Campbell Class A & A+ Office Space$60.85
  • Campbell Class B Office Space$48.95
  • California Class A & A+ Office Space$60.31
  • California Class B Office Space$38.42
  • California Class C Office Space$26.20

Campbell, CA Office Asking Rents by Class

2024 Office Vacancy Rates in Campbell

Submarket Asking Rents Vacancy Rates
Campbell $56.96 42.54%
San Jose - South Central $35.10 6.00%
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 Campbell market was 41.50% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Campbell was 6.00% in the San Jose - South Central submarket, while the highest office vacancy in the market was 42.54%, recorded in Campbell.

Office Spaces for Rent in California

Coworking Spaces in California

2024 Office Construction in Campbell, CA

  • Campbell, CA Total SF completed in 2024 163,487

During 2024, 163,487 square feet of new office space were delivered across the market. At the close of 2024, the Campbell office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 163,487 square feet of office space.

Largest Office Properties Recently Completed in Campbell
Office building Address SF Completed
The Creekview 1700 Dell Ave, 95008 165,987 2024
Creekside @ 17 275 Creekside Way, 95008 177,815 2017
Pruneyard Place 1919 Bascom Ave, S., 95008 120,000 1999
267 East Campbell Avenue 267 E Campbell Ave, 95008 4,250 1999
900 East Hamilton Avenue 900 East Hamilton Avenue, 95008 180,776 1990
900 East Hamilton Avenue 900 East Hamilton Avenue, 95008 180,776 1990
900 East Hamilton Avenue 900 East Hamilton Avenue, 95008 180,776 1990
307 Orchard City Dr 307 Orchard City Dr, 95008 54,786 1990
Lincoln Court 2105 Bascom Ave, S., 95008 123,529 1988
476 E Campbell Ave 476 E Campbell Ave, 95008 5,320 1988

Worth noting among recent office completions on the Campbell market is The Creekview, which is currently the largest new office development in the city, at 165,987 square feet.

Data provided by Commercial Edge

See reports for other 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 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 Campbell 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.