Highlights
- The average rent for office space in Mountain View is $75.37 per square foot, 5.44% lower compared to the previous year.
- The market’s vacancy rate stands at 30.89%, higher than the state average of California, which is 18.44%.
- Renting Class A/A+ office space here costs $84.12 per square foot, while Class B averages $66.51 and Class C stands at $47.40.
2025 Office Space Rent & Sales
- $75.37 2025 Avg. Asking Rent
- -5.44% Y-o-Y Avg. Asking Rent Change
- 30.89% 2025 Office Vacancy Rate
- $68M2025 Total Office Sales
- $275.17Avg. Sale Price/SF
What is the average asking rent price for office space in Mountain View?
Average asking rents for office space here stand at $75.37 per square foot. The local office market recorded an average vacancy rate of 30.89% in 2025, unchanged from 30.89% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $68M across 9 sales. These transactions commanded an average sale price per square foot of $275.17.
Mountain View, CA Office Asking Rents by Class
What is the average office rent per square foot by property class in Mountain View?
- Avg. Asking Rent Class A & A+$84.12
- Avg. Asking Rent Class B$66.51
- Avg. Asking Rent Class C$47.40
The average asking rent for Class A and A+ office space stood at $84.12 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Mountain View averaged $66.51 per square foot, while the average for Class C space was $47.40 per square foot.
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.
Mountain View, CA Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Mountain View - West | $84.21 | 33.65% |
| Mountain View - Shoreline | $75.20 | 34.09% |
| Mountain View - East | $59.64 | 27.34% |
2025 Office Sales Volume
- $275.172025 Avg. Price per SF
- -46.21%Y-o-Y Avg. PpSF Change
- $68M2025 Office Sales Volume
- 92025 Number of Transactions
What is the average sale price per square foot for office space in Mountain View?
Average sale prices for office space in this market recorded a -46.21% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $275.17 per square foot. For comparison, the statewide California average during the same time period stood at $295.06 per square foot, while the national average was $182.48 per square foot.
Mountain View, CA Sale Price per SF Trend
- Mountain View Avg. Sale Price per SF in 2025$275.17
- California Avg. Sale Price per SF in 2025$295.06
What was the total office sales volume in Mountain View in 2025?
The local office market recorded 9 deals in 2025, adding up to a yearly sales volume of $68M.
- Mountain View, CA Total Office Sales Volume in 2025 $68M
- Mountain View, CA Total Number of Office Sales Closed in 2025 9
Office Construction in Mountain View, CA
What are the largest recent office completions in Mountain View?
The largest recent office completion here is The Village at San Antonio Center II at 239,006 square feet, completed in 2018. The next largest completions are 1300 La Avenida Street and Ameswell.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 1300 La Avenida Street | 1300 La Avenida Street, 94043 | 233,543 | 2024 |
| Landsby | 2580-2590 California St, 94040 | 17,699 | 2022 |
| Ameswell | 750 Moffett Blvd, 94043 | 222,000 | 2020 |
| 599 Castro | 599 Castro Street, 94041 | 109,107 | 2019 |
| The Village at San Antonio Center II | 391 San Antonio Road, 94040 | 239,006 | 2018 |
| The Village at San Antonio Center I | 401 San Antonio Road, 94040 | 217,754 | 2018 |
| 412 W El Camino Real | 412 W El Camino Real, 94040 | 8,426 | 2015 |
| 1255 Pear Avenue | 1255 Pear Avenue, 94043 | 156,501 | 2014 |
| Castro Station | 150 Evelyn Ave, W., 94041 | 49,052 | 2014 |
| 1987 Leghorn Street, Suite 100 | 1987 Leghorn Street, Suite 100, 94043 | 10,870 | 2014 |
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
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- 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
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- 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.