2020 Office Space Rent & Sales
- $26.80 2020 Avg. Asking Rent
- 1.04% Y-o-Y Avg. Asking Rent Change
- 18.35% 2020 Office Vacancy Rate
Oxnard office price per square foot in 2020 was $26.80 on average. This marked a +1.04% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.35% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Oxnard Class A Office Space$27.26
- Oxnard Class B Office Space$26.19
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Oxnard, CA Office Asking Rents by Class
2020 Office Construction in Oxnard, CA
- Oxnard, CA Total SF completed in 2020
- Oxnard, CA Total SF under construction in 2021 27,046
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Oxnard office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space. Looking forward, development activity throughout 2021 is estimated to add 27,046 square feet of office space to the market, before year-end.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Statham Clinic | 2001 Statham Blvd, 93033 | 41,032 | 2022 |
| Karen R. Burnham Health Center | 1100 West Gonzales Road, 93036 | 27,046 | 2021 |
| 1551 Pacific Avenue | 1551 Pacific Avenue, 93033 | 27,760 | 2016 |
| The Collection at River Park | 2750 Park View Court, 93036 | 708,000 | 2012 |
| Sunbelt Professional Centre | 1901 North Rice Avenue, 93030 | 103,706 | 2008 |
| 1901 Outlet Center Drive | 1901 Outlet Center Drive, 93036 | 31,870 | 2005 |
| 1701 North Lombard Street | 1701 North Lombard Street, 93030 | 29,560 | 2005 |
| 2151 East Gonzales Road | 2151 East Gonzales Road, 93036 | 30,456 | 2002 |
| Solar Plaza | 1701 Solar Drive, 93030 | 92,220 | 2001 |
| 1889 North Rice Avenue | 1889 North Rice Avenue, 93030 | 40,207 | 1999 |
Worth noting among recent office completions on the Oxnard market is Statham Clinic, which is currently the largest new office development in the city, at 41,032 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 Oxnard 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.