2023 Office Space Rent & Sales
- $39.35 2023 Avg. Asking Rent
- 0.67% Y-o-Y Avg. Asking Rent Change
- 18.25% 2023 Office Vacancy Rate
Walnut Creek office price per square foot in 2023 was $39.35 on average. This marked a +0.67% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.25% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- California Class A & A+ Office Space$56.30
- California Class B Office Space$37.45
- California Class C Office Space$44.91
Walnut Creek, CA Office Asking Rents by Class
2023 Office Vacancy Rates in Walnut Creek
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Walnut Creek - Central | $49.18 | 16.05% |
Walnut Creek - North | $30.65 | 21.71% |
Coworking Spaces in California
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Office building | Address | SF | Completed |
---|---|---|---|
1180 MT Diablo Blvd | 1180 MT Diablo Blvd, 94596 | 6,368 | 2009 |
Station Landing | 3055 Oak Road, 94597 | 241,798 | 2008 |
Olympia Place | 1697 Mt. Diablo Blvd, 94596 | 114,627 | 2003 |
PMI Plaza | 3003 Oak Rd, 94596 | 206,415 | 2002 |
PMI Plaza | 3003 Oak Road, 94597 | 190,706 | 2002 |
Three Ygnacio Center | 2001 North Main Street, 94596 | 166,775 | 2002 |
Treat Towers II | 1277 Treat Blvd, 94596 | 188,507 | 1999 |
2999 Oak Road | 2999 Oak Road, 94597 | 199,000 | 1991 |
1555 Riviera Avenue | 1555 Riviera Avenue, 94596 | 77,140 | 1990 |
3000 Oak Road | 3000 Oak Road, 94597 | 99,062 | 1989 |
Worth noting among recent office completions on the Walnut Creek market is 1180 MT Diablo Blvd, which is currently the largest new office development in the city, at 6,368 square feet.
See reports for other markets
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
- San Jose Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Oakland Office Rent Price
- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- Redwood City Office Rent Price
- Santa Clara Office Rent Price
- Long Beach Office Rent Price
- Beverly Hills Office Rent Price
- Newport Beach Office Rent Price
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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Walnut Creek 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.