Warrenville Office Market Trends

Office Rental Market

  • $24.54 2019 Avg. Asking Rent
  • 18.34 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Warrenville was $24.54 per square foot, and the office vacancy rate across the market averaged 18.34 %. During 2019, developers added 0 square feet of new office space to the Warrenville market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Warrenville Class A Office Buildings$26.90
  • Warrenville Class B Office Buildings$23.08
  • Warrenville Class C Office Buildings$15.06
  • IL Class A Office Buildings$35.57
  • IL Class B Office Buildings$24.29
  • IL Class C Office Buildings$18.50

Warrenville, IL Office Asking Rents by Class

Office asking rents vary across the Warrenville office market depending on several factors, one of which is property class. While rents for Class A office buildings in Warrenville averaged $26.90 per square foot in 2019, Class B office properties garnered average rental rates of $23.08 per square foot. Rental rates for Class C office property in Warrenville averaged $15.06 per square foot. On a statewide level, Class B office space rents averaged $24.29 per square foot, while rents for Class A office space across Illinois averaged $35.57 per square foot. On average, Class C office properties in Illinois commanded rents of $18.50 per square foot.

OFFICE CONSTRUCTION IN Warrenville, IL

  • Warrenville, IL Total Sqft completed in 2019 0
  • Warrenville, IL Total Sqft under construction in 2020 0
10 Largest Office Buildings in Warrenville
Building name Address Total Sqft Year built
4201 Winfield Road 4201 Winfield Road, 60555 249,996 2000
Cantera Meadows West 28100 Torch Parkway, 60555 203,842 1997
Canterra Meadows East 4101 Winfield Road, 60555 167,215 2002
Cornerstone II at Cantera 4300 Winfield Road, 60555 153,801 2000
Cornerstone I at Cantera 4320 Winfield Road, 60555 153,540 1998
27201 Bella Vista Pkwy 27201 Bella Vista Pkwy, 60555 148,000 2008
28301 Ferry Road 28301 Ferry Road, 60555 136,234 1999
4405 & 4455 Weaver Pkwy 4405 Weaver Pkwy, 60555 102,216 2010
Keystone at Cantera 4525 Weaver Pkwy, 60555 91,657 2001
Cantera Lakes Office Campus 28381 Davis Pkwy, 60555 90,000 2006
Largest Office Properties Recently Completed in Warrenville
Office building Address Sqft Completed
4405 & 4455 Weaver Pkwy 4405 Weaver Pkwy, 60555 102,216 2010
27201 Bella Vista Pkwy 27201 Bella Vista Pkwy, 60555 148,000 2008
27601 Bella Vista Pkwy 27601 Bella Vista Pkwy, 60555 42,400 2007
Cantera Lakes Office Campus 28381 Davis Pkwy, 60555 90,000 2006
27501 Bella Vista Pkwy 27501 Bella Vista Pkwy, 60555 40,000 2006
Canterra Meadows East 4101 Winfield Road, 60555 167,215 2002
Keystone at Cantera 4525 Weaver Pkwy, 60555 91,657 2001
4575 Weaver Pkwy 4575 Weaver Pkwy, 60555 66,600 2001
Warrenville Office Center 3S701 West Avenue, 60555 46,556 2001
Warrenville Office Center 3S701 West Avenue, 60555 46,556 2001
Data provided by Commercial Edge

Office Spaces for Rent in Illinois

See trends for nearby markets

The Warrenville office market contains an inventory of 2,527,425 square feet of office space, in 44 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Warrenville 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.