2022 Office Space Rent & Sales
- $39.09 2022 Avg. Asking Rent
- 1.03% Y-o-Y Avg. Asking Rent Change
- 18.05% 2022 Office Vacancy Rate
- $70.9M2022 Total Office Sales
- $128.69Avg. Sale Price/SF
Walnut Creek office price per square foot in 2022 was $39.09 on average. This marked a +1.03% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.05% across all asset classes combined. The 4 transactions that closed here throughout 2022 amounted to a total sale volume of $70.9M. Walnut Creek office space commanded an average sale price per square foot of $128.69.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Walnut Creek Class B Office Space$39.96
- Walnut Creek Class C Office Space$25.80
- California Class A & A+ Office Space$59.32
- California Class B Office Space$37.75
- California Class C Office Space$25.55
Walnut Creek, CA Office Asking Rents by Class
2022 Office Vacancy Rates in Walnut Creek
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Walnut Creek - Central | $48.65 | 16.19% |
Walnut Creek - North | $30.55 | 20.84% |
Walnut Creek Office Sale Price per SF
- $128.692022 Avg. Price per SF
- -19.56%Y-o-Y Avg. PpSF Change
- $70.9M2022 Office Sales Volume
- 42022 Number of Transactions
Walnut Creek, CA Sale Price per SF Trend
- Walnut Creek Avg. Sale Price per SF in 2022$128.69
- California Avg. Sale Price per SF in 2022$396.51
2022 Office Sales Volume
- Walnut Creek, CA Total Office Sales Volume in 2022 $70.9M
- Walnut Creek, CA Total Number of Office Sales Closed in 2022 4
Largest Walnut Creek Office Sales in 2022
Property name | Address | Date | Price |
---|---|---|---|
401 Lennon Lane | 401 Lennon Lane | 8/26/2022 | $12,069,000 |
1855 Olympic Blvd | 1855 Olympic Blvd | 2/1/2022 | $10,000,000 |
Coworking Spaces in California
- Los Angeles Coworking Space
- San Francisco Coworking Space
- San Diego Coworking Space
- East Bay Coworking Space
- Irvine Coworking Space
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- Oakland Coworking Space
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- Glendale Coworking Space
- Pasadena Coworking Space
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- Palo Alto Coworking Space
- Berkeley Coworking Space
- Thousand Oaks Coworking Space
- Torrance Coworking Space
- Fresno Coworking Space
- Santa Ana Coworking Space
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- Costa Mesa Coworking Space
- Ontario Coworking Space
- San Mateo Coworking Space
- El Segundo Coworking Space
- Orange Coworking Space
- Temecula Coworking Space
- Walnut Creek Coworking Space
Office building | Address | SF | Completed |
---|---|---|---|
1180 MT Diablo Blvd | 1180 MT Diablo Blvd, 94596 | 6,368 | 2009 |
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 |
Treat Towers I | 1255 Treat Blvd, 94596 | 185,129 | 1999 |
Doctor's Park | 2123 Ygnacio Valley Rd - Bldg K, 94598 | 6,744 | 1993 |
GOLDEN NUGGET COMPLEX | 1670 Riviera Ave, 94596 | 11,697 | 1992 |
3000 Oak Road | 3000 Oak Road, 94597 | 99,062 | 1989 |
DEALIUS Parkside Plaza | 1556 Parkside Dr., 94596 | 10,938 | 1988 |
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 Diego Office Rent Price
- San Francisco Office Rent Price
- San Jose Office Rent Price
- Sacramento Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Sunnyvale Office Rent Price
- Santa Clara Office Rent Price
- Santa Monica Office Rent Price
- Charlotte Office Rent Price
- Dallas Office Rent Price
- New York City Office Rent Price
- Houston Office Rent Price
- San Antonio Office Rent Price
- Austin 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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. 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.