Tustin Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Tustin is $29.84 per square foot, 3.06% higher compared to the previous year.
  • The average sale price for office space in Tustin is $372.96 per square foot, marking an increase of 157.07% compared to 2024.
  • The market’s vacancy rate stands at 6.25%, lower than the state average of California, which is 18.44%.
  • 112,500 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $29.84 2025 Avg. Asking Rent
  • 3.06% Y-o-Y Avg. Asking Rent Change
  • 6.25% 2025 Office Vacancy Rate
  • $249.6M2025 Total Office Sales
  • $372.96Avg. Sale Price/SF

What is the average asking rent price for office space in Tustin?

Average asking rents for office space here stand at $29.84 per square foot. The local office market recorded an average vacancy rate of 6.25% in 2025, unchanged from 6.25% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $249.6M across 7 sales. These transactions commanded an average sale price per square foot of $372.96.

Tustin, CA Office Asking Rents by Class

What is the average office rent per square foot by property class in CA?

  • Avg. Asking Rent Class A & A+$58.81
  • Avg. Asking Rent Class B$37.82
  • Avg. Asking Rent Class C$22.26

For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.

Tustin, CA Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Tustin was Irvine Business Complex at 12.00%. Meanwhile, the highest office vacancy rate in the market was 16.93%, recorded in Tustin.
Submarket Asking Rents Vacancy Rates
Tustin $39.28 16.93%
Irvine Business Complex $32.96 12.00%
Data provided by Yardi Research

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2025 Office Sales Volume

  • $372.962025 Avg. Price per SF
  • $249.6M2025 Office Sales Volume
  • 72025 Number of Transactions

What is the average sale price per square foot for office space in Tustin?

Average sale prices for office space in this market recorded a +157.07% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $372.96 per square foot. For comparison, the statewide California average during the same time period stood at $295.06 per square foot, while the national average was $182.48 per square foot.

Tustin, CA Sale Price per SF Trend

  • Tustin Avg. Sale Price per SF in 2025$372.96
  • California Avg. Sale Price per SF in 2025$295.06

What was the total office sales volume in Tustin in 2025?

The local office market recorded 7 deals in 2025, adding up to a yearly sales volume of $249.6M.

  • Tustin, CA Total Office Sales Volume in 2025 $249.6M
  • Tustin, CA Total Number of Office Sales Closed in 2025 7
Data provided by Yardi Research

Office Construction in Tustin, CA

  • Tustin, CA Total SF under construction in 2026 112,500

What are the largest recent office completions in Tustin?

The largest recent office completion here is Dow Business Center at 194,306 square feet, completed in 1987. The next largest completions are 3002 Dow Ave. and FLIGHT at Tustin Legacy - Building B.

Office building Address SF Completed
FLIGHT at Tustin Legacy - Building B 1735 Flight Way, 92606 93,000 2019
Hoag Health Center - Tustin Legacy 15000 Kensington Park Drive, 92782 60,000 2018
740 El Camino Real, Ste. 201 740 El Camino Real, Ste. 201, 92780 10,832 2011
Dow Business Center 3002 Dow Avenue, 92780 194,306 1987
3002 Dow Ave. 3002 Dow Ave., 92780 192,125 1987
1311 Valencia Avenue 1311 Valencia Avenue, 92780 55,000 1987
2552 Walnut Ave, Suite 160 2552 Walnut Ave, Suite 160, 92780 4,854 1986
2552 Walnut Ave, Suite 160 2552 Walnut Ave, Suite 160, 92780 4,854 1986
Warner Red Hill Business Park - 15991 Red Hill Avenue 15991 Red Hill Avenue, 92780 44,513 1984
Warner Corporate Park 1371 Warner Avenue, 92780 76,246 1982
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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 Yardi Research Data can guarantee that the information provided is complete.