2020 Office Space Rent & Sales
- $28.02 2020 Avg. Asking Rent
- 3.99% Y-o-Y Avg. Asking Rent Change
- 14.63% 2020 Office Vacancy Rate
West Covina office price per square foot in 2020 was $28.02 on average. This marked a +3.99% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 14.63% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- West Covina Class A Office Space$29.62
- West Covina Class B Office Space$27.95
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
West Covina, CA Office Asking Rents by Class
2020 Office Construction in West Covina, CA
- West Covina, CA Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the West Covina office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|Nogales Medical & Professional Plaza||2707 East Valley Blvd, 91792||58,640||2008|
|420 South Glendora Avenue||420 South Glendora Avenue, 91790||25,054||2007|
|The Lakes at West Covina||1000 Lakes Drive, 91790||175,967||1989|
|3455 South Nogales Street||3455 South Nogales Street, 91792||37,697||1988|
|Barranca Office Tower||100 North Barranca Street, 91791||214,000||1987|
|Queen of the Valley Medical Arts Building||1135 South Sunset Avenue, 91790||89,448||1987|
|2934 East Garvey Avenue||2934 East Garvey Avenue South, 91791||100,803||1980|
|Cameron Office Park||1700 West Cameron Avenue, 91790||49,708||1980|
|1900 West Garvey Avenue South||1900 West Garvey Avenue South, 91790||48,732||1980|
|San Gabriel Valley Surgical Center||1250 South Sunset Avenue, 91790||39,885||1980|
Worth noting among recent office completions on the West Covina market is Nogales Medical & Professional Plaza, which is currently the largest new office development in the city, at 58,640 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all West Covina 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.