Highlights
- The average rent for office space in Cupertino is $48.39 per square foot, 3.28% lower compared to the previous year.
- The average sale price for office space in Cupertino is $774.76 per square foot, marking an increase of 31.43% compared to 2024.
- The market’s vacancy rate stands at 24.49%, higher than the state average of California, which is 18.44%.
- 479,667 square feet is currently under construction.
2025 Office Space Rent & Sales
- $48.39 2025 Avg. Asking Rent
- -3.28% Y-o-Y Avg. Asking Rent Change
- 24.49% 2025 Office Vacancy Rate
- $383M2025 Total Office Sales
- $774.76Avg. Sale Price/SF
What is the average asking rent price for office space in Cupertino?
Average asking rents for office space here stand at $48.39 per square foot. The local office market recorded an average vacancy rate of 24.49% in 2025, unchanged from 24.49% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $383M across 4 sales. These transactions commanded an average sale price per square foot of $774.76.
Cupertino, CA Office Asking Rents by Class
What is the average office rent per square foot by property class in CA?
- Avg. Asking Rent Class A & A+$58.81
- Avg. Asking Rent Class B$37.82
- Avg. Asking Rent Class C$22.26
For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.
Office Construction in Cupertino, CA
- Cupertino, CA Total SF under construction in 2026 479,667
What are the largest recent office completions in Cupertino?
The largest recent office completion here is The Marketplace at 120,000 square feet, completed in 1978. The next largest completions are Cupertino Corporate Center and CUPERTINO CIVIC PARK.
| 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 |
| CUPERTINO CIVIC PARK | 20370-20410 Town Center Ln COMBO, 95014 | 63,079 | 1984 |
| CUPERTINO CIVIC PARK | 20410 Town Center Ln, 95014 | 21,500 | 1984 |
| CUPERTINO CIVIC PARK | 20370 Town Center Ln, 95014 | 20,350 | 1984 |
| CUPERTINO CIVIC PARK | 20380 Town Center Ln, 95014 | 20,350 | 1984 |
| 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 |
See reports for other markets
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
- San Jose Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Oakland Office Rent Price
- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- Redwood City Office Rent Price
- Walnut Creek Office Rent Price
- Santa Clara Office Rent Price
- Long Beach Office Rent Price
- Beverly Hills Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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.