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Santa Clarita Office Rent Price & Sales Report

2020 Office Space Rent & Sales

  • $33.11 2020 Avg. Asking Rent
  • -0.12% Y-o-Y Avg. Asking Rent Change
  • 15.09% 2020 Office Vacancy Rate

Santa Clarita office price per square foot in 2020 was $33.11 on average. This marked a -0.12% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 15.09% across all asset classes combined.

Average Rent by Office Class

2020 Average Office Rent per Square Foot

  • Santa Clarita Class A Office Space$34.92
  • Santa Clarita Class B Office Space$26.22
  • California Class A Office Space$55.92
  • California Class B Office Space$35.12
  • California Class C Office Space$23.50

Santa Clarita, CA Office Asking Rents by Class

2020 Office Construction in Santa Clarita, CA

  • Santa Clarita, CA Total SF completed in 2020 81,649

During 2020, 81,649 square feet of new office space were delivered across the market. At the close of 2020, the Santa Clarita office inventory included 2 buildings equal to or larger than 25,000 square feet, which comprised 81,649 square feet of office space.

Largest Office Properties Recently Completed in Santa Clarita
Office building Address SF Completed
27918 Franklin Pkwy 27918 Franklin Pkwy, 91355 180,000 2021
Tourney Place - 27335 Tourney Road 27335 Tourney Road, 91355 45,675 2020
Orchard Medical Center 25425 Orchard Village Road, 91355 41,244 2020
27949 West Hancock Pkwy 27949 West Hancock Pkwy, 91355 104,954 2019
Kaiser Permanente Santa Clarita Medical Offices 2 - Building 2 26877 Tourney Road, 91355 64,000 2018
Henry Mayo Education Center 23803 McBean Pkwy, 91355 79,622 2013
21380 Centre Pointe Pkwy 21380 Centre Pointe Pkwy, 91350 31,376 2013
Summit Oaks 28515 Westinghouse Place, 91355 146,385 2008
27235 Tourney Road 27235 Tourney Road, 91355 36,280 2008
Rye Canyon Pointe 28212 Kelly Johnson Pkwy, 91355 78,953 2007

Worth noting among recent office completions on the Santa Clarita market is 27918 Franklin Pkwy, which is currently the largest new office development in the city, at 180,000 square feet.

Data provided by Commercial Edge

See reports for nearby markets

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  • Santa Monica Office Rent Price
  • Pasadena Office Rent Price
  • Long Beach Office Rent Price
  • Thousand Oaks Office Rent Price
  • Torrance Office Rent Price
  • Beverly Hills Office Rent Price
  • Burbank Office Rent Price

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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Santa Clarita 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.

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