2022 Office Space Rent & Sales
- $27.99 2022 Avg. Asking Rent
- -0.91% Y-o-Y Avg. Asking Rent Change
- 10.74% 2022 Office Vacancy Rate
Cypress office price per square foot in 2022 was $27.99 on average. This marked a -0.91% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 10.74% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Cypress Class B Office Space$27.99
- California Class A & A+ Office Space$59.32
- California Class B Office Space$37.75
- California Class C Office Space$25.55
Cypress, CA Office Asking Rents by Class
2022 Office Vacancy Rates in Cypress
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Cypress | $28.92 | 10.87% |
Buena Park | $23.40 | 11.70% |
Coworking Spaces in California
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Office building | Address | SF | Completed |
---|---|---|---|
10741 Walker St, Unit 400 | 10741 Walker Street, 90630 | 67,000 | 2001 |
Warland Cypress Business Center - Lot 14 | 6261 Katella Ave., 90630 | 74,000 | 1999 |
Cypress Business & Professional Center | 10801 Walker St, 90630 | 108,000 | 1998 |
Cypress Crossroads | 10833 Valley View St., 90630 | 106,341 | 1987 |
6363 Katella Avenue | 6363 Katella Avenue, 90630 | 32,670 | 1984 |
6363 Katella Avenue | 6363 Katella Avenue, 90630 | 32,256 | 1984 |
Worth noting among recent office completions on the Cypress market is 10741 Walker St, Unit 400, which is currently the largest new office development in the city, at 67,000 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
- Atlanta Office Rent Price
- Seattle Office Rent Price
- Dallas Office Rent Price
- San Antonio Office Rent Price
- Washington Office Rent Price
- Chicago 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 Cypress 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.