2024 Office Space Rent & Sales
- $30.13 2024 Avg. Asking Rent
- 29.77% 2024 Office Vacancy Rate
Thousand Oaks office price per square foot in 2024 was $30.13 on average. The local office market recorded an average vacancy rate of 29.77% 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
Thousand Oaks, CA Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
Newbury Park Medical Plaza | 400 S Reino Rd, 91320 | 8,130 | 2009 |
2945 Townsgate Road | 2945 Townsgate Road, 91361 | 65,931 | 2008 |
The Vantage at Westlake | 2629 Townsgate Road, 91361 | 34,000 | 2008 |
3175 Old Conejo Road | 3175 Old Conejo Road, 91320 | 1,058 | 2008 |
The Arbors - 2535 W. Hillcrest Drive | 2535 West Hillcrest Drive, 91320 | 71,000 | 2007 |
The Village at Dos Vientos Ranch | 330 Via Las Brisas, 91320 | 51,056 | 2007 |
Four Seasons Westlake | 2 Dole Drive, 91362 | 676,545 | 2006 |
Westlake Landmark - Building II | 30870 Russell Ranch Road, 91362 | 115,677 | 2006 |
Paseo Marketplace | 3637 East Thousand Oaks Blvd, 91362 | 76,489 | 2003 |
Pacific Dental Bldg | 1760 East Avenida De Los Arboles, 91362 | 2,058 | 2003 |
Worth noting among recent office completions on the Thousand Oaks market is Newbury Park Medical Plaza, which is currently the largest new office development in the city, at 8,130 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 Thousand Oaks 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.