2024 Office Space Rent & Sales
- $50.03 2024 Avg. Asking Rent
- 8.94% 2024 Office Vacancy Rate
Cupertino office price per square foot in 2024 was $50.03 on average. The local office market recorded an average vacancy rate of 8.94% 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
- California Class A & A+ Office Space$60.31
- California Class B Office Space$38.42
- California Class C Office Space$26.20
Cupertino, CA Office Asking Rents by Class
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2024 Office Construction in Cupertino, CA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Cupertino Corporate Center | 1601 South De Anza Blvd, 95014 | 87,164 | 1986 |
| 10600 De Anza Blvd, N. | 10600 De Anza Blvd, N., 95014 | 28,579 | 1985 |
| 20245 Stevens Creek Blvd | 20245 Stevens Creek Blvd, 95014 | 9,566 | 1983 |
| 10011 Foothill Blvd #110 | 10011 Foothill Blvd #110, 95014 | 1,234 | 1982 |
| The Marketplace | 19748 Stevens Creek Blvd, 95014 | 120,000 | 1978 |
| Wolfe Square | 10050 Wolfe Rd, N., 95014 | 54,980 | 1972 |
| 10260 Bubb Rd | 10260 Bubb Rd, 95014 | 20,100 | 1970 |
Worth noting among recent office completions on the Cupertino market is Cupertino Corporate Center, which is currently the largest new office development in the city, at 87,164 square feet.
See reports for other markets
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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 Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Cupertino 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 Yardi Research Data can guarantee that the information provided is complete.