2020 Office Space Rent & Sales
- $23.55 2020 Avg. Asking Rent
- -0.57% Y-o-Y Avg. Asking Rent Change
- 8.52% 2020 Office Vacancy Rate
Santa Rosa office price per square foot in 2020 was $23.55 on average. This marked a -0.57% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 8.52% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Santa Rosa Class B Office Space$23.55
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Santa Rosa, CA Office Asking Rents by Class
2020 Office Construction in Santa Rosa, CA
- Santa Rosa, CA Total SF completed in 2020 90,500
During 2020, 90,500 square feet of new office space were delivered across the market. At the close of 2020, the Santa Rosa office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 90,500 square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Santa Rosa Memorial MOB | 1102 Montgomery Drive, 95405 | 92,000 | 2020 |
| Kaiser Permanente Santa Rosa Mercury Way Medical Offices | 2240 Mercury Way, 95407 | 87,300 | 2018 |
| Museum on the Square | 520 3rd Street, 95401 | 100,000 | 2016 |
| Airport Business Center - 400 Aviation Blvd | 400 Aviation Blvd, 95403 | 120,000 | 2015 |
| 34 Mark West Springs Road | 34 Mark West Springs Road, 95403 | 79,906 | 2014 |
| Fountaingrove Center - 3562 Round Barn Circle | 3562 Round Barn Circle, 95403 | 64,250 | 2010 |
| Keysight Technologies Headquarters | 1400 Fountaingrove Pkwy, 95403 | 657,857 | 2009 |
| Harvest Business Center | 3843 Brickway Blvd, 95403 | 84,611 | 2008 |
| 3055 Cleveland Avenue | 3055 Cleveland Avenue, 95403 | 36,500 | 2008 |
| Kaiser Permanente Santa Rosa Medical Office Building 5 | 3975 Old Redwood Hwy, 95403 | 90,330 | 2007 |
Worth noting among recent office completions on the Santa Rosa market is Santa Rosa Memorial MOB, which is currently the largest new office development in the city, at 92,000 square feet.
See reports for nearby markets
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 Rosa 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.