2024 Office Space Rent & Sales
- $22.43 2024 Avg. Asking Rent
- 8.21% 2024 Office Vacancy Rate
Temecula office price per square foot in 2024 was $22.43 on average. The local office market recorded an average vacancy rate of 8.21% 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
Temecula, CA Office Asking Rents by Class
Office Spaces for Rent in California
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2024 Office Construction in Temecula, CA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Old Town Center | 28544 Old Town Front St., 92590 | 29,502 | 2009 |
| Plaza Del Rio North | 28991 Old Town Front St., 92590 | 22,013 | 2008 |
| Legacy Corporate Park | 41951 Remington Ave., 92590 | 31,181 | 2007 |
| Buildings A & B | 31205 & 31217 Pauba Rd., 92592 | 18,104 | 2006 |
| Vail Ranch Towne Square | 32605 Temecula Pky., 92592 | 54,970 | 2005 |
| Madison Avenue Plaza | 27290 Madison Ave., 92590 | 35,388 | 2005 |
| Global Recordings Building | 41823 Enterprise Circle N., 92590 | 20,000 | 2005 |
| 29121 Overland Dr | 29121 Overland Dr, 92591 | 6,000 | 2005 |
| 41463 Margarita Rd | 41463 Margarita Rd, 92591 | 8,811 | 2004 |
| Building 2B | 32819 Temecula Pky., 92592 | 6,331 | 2004 |
Worth noting among recent office completions on the Temecula market is Old Town Center, which is currently the largest new office development in the city, at 29,502 square feet.
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 Temecula 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.