2024 Office Space Rent & Sales
- $42.36 2024 Avg. Asking Rent
- 25.83% 2024 Office Vacancy Rate
Walnut Creek office price per square foot in 2024 was $42.36 on average. The local office market recorded an average vacancy rate of 25.83% 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
Walnut Creek, CA Office Asking Rents by Class
2024 Office Vacancy Rates in Walnut Creek
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Walnut Creek - Central | $49.71 | 22.80% |
| Walnut Creek - North | $38.60 | 29.94% |
Office Spaces for Rent in California
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 |
| The Corners | 1501 Mt. Diablo Blvd, 94596 | 32,620 | 2003 |
| PMI Plaza | 3003 Oak Road, 94597 | 190,706 | 2002 |
| Three Ygnacio Center | 2001 North Main Street, 94596 | 166,775 | 2002 |
| GOLDEN NUGGET COMPLEX | 1670 Riviera Ave, 94596 | 11,697 | 1992 |
| 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
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- Redwood City Office Rent Price
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- 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 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 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.