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Thousand Oaks Office Rent Price & Sales Report

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

Office Spaces for Rent in California

  • Fresno Office Space
  • Visalia Office Space
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Coworking Spaces in California

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Largest Office Properties Recently Completed in Thousand Oaks
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
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
Westlake Landmark - Building II 30870 Russell Ranch Road, 91362 115,677 2006
Pacific Dental Bldg 1760 East Avenida De Los Arboles, 91362 2,058 2003
Conejo Corporate Campus 2380 Conejo Spectrum Street, 91320 100,000 2001
Conejo Spectrum 2380 Conejo Spectrum St., 91320 99,239 2001
Westlake Plaza Center III 2815 Townsgate Road, 91361 77,108 2001
The Arbors - 2545 W. Hillcrest Dr. 2545 West Hillcrest Drive, 91320 71,837 2001

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.

Data provided by Commercial Edge

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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.


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