Cupertino Office Market Trends

Office Rental Market

  • $60.73 2019 Avg. Asking Rent
  • 2.63 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Cupertino was $60.73 per square foot, and the office vacancy rate across the market averaged 2.63 %. During 2019, developers added 0 square feet of new office space to the Cupertino market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Cupertino Class A Office Buildings$64.16
  • Cupertino Class B Office Buildings$56.53
  • CA Class A Office Buildings$51.59
  • CA Class B Office Buildings$34.34
  • CA Class C Office Buildings$22.62

Cupertino, CA Office Asking Rents by Class

OFFICE CONSTRUCTION IN Cupertino, CA

  • Cupertino, CA Total Sqft completed in 2019 0
  • Cupertino, CA Total Sqft under construction in 2020 0
10 Largest Office Buildings in Cupertino
Building name Address Total Sqft Year built
Apple Park - 1 Apple Park Way 1 Apple Park Way, 95014 2,880,500 2018
Apple - Vallco Two 19333 Vallco Pkwy, 95014 311,038 1974
Apple Park - Tantau 9 10335 North Tantau Avenue, 95014 290,500 2017
Results Way Corporate Center II 6 Results Way, 95014 227,000 1979
Apple - De Anza 3 10500 North De Anza Blvd, 95014 211,024 1981
Apple Campus - IL1 1 Infinite Loop, 95014 196,100 1993
Cupertino City Center IV 20450 Stevens Creek Blvd, 95014 169,851 1989
Cupertino City Center III 20400 Stevens Creek Blvd, 95014 169,426 1989
Apple Campus - IL6 6 Infinite Loop, 95014 162,368 1993
Ten200 10200 South De Anza Blvd, 95014 161,000 1998
Largest Office Properties Recently Completed in Cupertino
Office building Address Sqft Completed
Apple Park - 1 Apple Park Way 1 Apple Park Way, 95014 2,880,500 2018
Apple Park - Tantau 9 10335 North Tantau Avenue, 95014 290,500 2017
Main Street Cupertino - 19339 Stevens Creek Blvd 19339 Stevens Creek Blvd, 95014 130,000 2015
Main Street Cupertino - 19319 Stevens Creek Blvd 19319 Stevens Creek Blvd, 95014 130,000 2015
10900 North Tantau Avenue 10900 North Tantau Avenue, 95014 100,481 2009
Apple - De Anza 12 10495 North De Anza Blvd, 95014 58,390 2008
Ten200 10200 South De Anza Blvd, 95014 161,000 1998
Apple Campus - IL1 1 Infinite Loop, 95014 196,100 1993
Apple Campus - IL6 6 Infinite Loop, 95014 162,368 1993
Apple Campus - IL2 2 Infinite Loop, 95014 157,922 1993
Data provided by Commercial Edge

Office Spaces for Rent in California

See trends for nearby markets

The Cupertino office market contains an inventory of 9,133,769 square feet of office space, in 90 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive 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 CommercialEdge can guarantee that the information provided is complete.