2024 Office Space Rent & Sales
- $37.14 2024 Avg. Asking Rent
- 11.27% 2024 Office Vacancy Rate
Valencia office price per square foot in 2024 was $37.14 on average. The local office market recorded an average vacancy rate of 11.27% 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
Valencia, CA Office Asking Rents by Class
Office Spaces for Rent in California
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2024 Office Construction in Valencia, CA
| Office building | Address | SF | Completed |
|---|---|---|---|
| 28738 the Old Rd | 28738 the Old Rd, 91355 | 18,932 | 2007 |
| 28338 Constellation Road #900 | 28338 Constellation Road, 91355 | 6,640 | 2007 |
| 28348 Constellation Road Ste 820 | 28348 Constellation Road, 91355 | 5,500 | 2007 |
| 25350 Magic Mountain Pkwy | 25350 Magic Mountain Pkwy, 91355 | 52,544 | 2006 |
| 28516 Constellation Rd | 28516 Constellation Rd, 91355 | 2,410 | 2006 |
| 28298 Constellation Road | 28298 Constellation Road, 91355 | 1,600 | 2006 |
| Santa Clarita Valley Medical Plaza | 26357 McBean Pkwy, 91355 | 78,171 | 2005 |
| Valencia Atrium | 28494 Westinghouse Place, 91355 | 60,335 | 2002 |
| Smyth Commerce Center | 27917 Smyth Drive, 91355 | 57,697 | 2002 |
| Valencia Town Center IV | 24200 Magic Mountain Pkwy, 91355 | 125,960 | 2000 |
Worth noting among recent office completions on the Valencia market is 28738 the Old Rd, which is currently the largest new office development in the city, at 18,932 square feet.
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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 CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Valencia 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.