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Santa Rosa Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $21.46 2024 Avg. Asking Rent
  • -4.00% Y-o-Y Avg. Asking Rent Change
  • 15.55% 2024 Office Vacancy Rate

Santa Rosa office price per square foot in 2024 was $21.46 on average. This marked a -4.00% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 15.55% 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

Santa Rosa, CA Office Asking Rents by Class

2024 Office Vacancy Rates in Santa Rosa

Submarket Asking Rents Vacancy Rates
Santa Rose - North $22.46 16.42%
Santa Rosa - South $21.40 13.24%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Santa Rosa market was 15.55% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Santa Rosa was 13.24% in the Santa Rosa - South submarket, while the highest office vacancy in the market was 16.42%, recorded in Santa Rose - North.

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Coworking Spaces in California

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2024 Office Construction in Santa Rosa, CA

Largest Office Properties Recently Completed in Santa Rosa
Office building Address SF Completed
Harvest Business Center - 3841 Brickway Blvd 3841 Brickway Blvd, 95403 39,540 2011
Fountaingrove Center - 3562 Round Barn Circle 3562 Round Barn Circle, 95403 63,292 2010
Harvest Business Center - 3843 Brickway Blvd 3843 Brickway Blvd, 95403 45,071 2008
Avion Place 3765-3775 Brickway Blvd., 95403 15,574 2006
Avion Place 3775 Brickway Blvd., Suites 100 & 120, 95403 15,574 2006
3775 Brickway Blvd 3775 Brickway Blvd, 95403 4,470 2006
3785 Brickway Blvd #210 3785 Brickway Blvd, 95403 2,112 2006
3785 Brickway Blvd 3785 Brickway Blvd, 95403 2,112 2006
1244 Apollo Way 1244 Apollo Way, 95407 35,841 2005
Fountaingrove Executive Center 3700 Old Redwood Hwy, 95403 37,428 2004

Worth noting among recent office completions on the Santa Rosa market is Harvest Business Center - 3841 Brickway Blvd, which is currently the largest new office development in the city, at 39,540 square feet.

Data provided by Commercial Edge

See reports for other markets

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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 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.


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