2023 Office Space Rent & Sales
- $42.60 2023 Avg. Asking Rent
- 3.41% Y-o-Y Avg. Asking Rent Change
- 13.76% 2023 Office Vacancy Rate
Daly City office price per square foot in 2023 was $42.60 on average. This marked a +3.41% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 13.76% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Daly City Class B Office Space$42.60
- California Class A & A+ Office Space$56.30
- California Class B Office Space$37.45
- California Class C Office Space$44.91
Daly City, CA Office Asking Rents by Class
Coworking Spaces in California
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Office building | Address | SF | Completed |
---|---|---|---|
2001 DC Station | 2001 Junipero Serra Blvd, 94014 | 383,123 | 2001 |
Physicians Medical Center | 901 Campus Drive, 94015 | 70,705 | 1990 |
Serramonte Business Center | 455 Hickey Blvd, 94015 | 81,458 | 1982 |
1655 Southgate Ave | 1655 Southgate Ave, 94015 | 8,800 | 1980 |
Peninsula Center | 1655 Southgate Ave, 94015 | 9,080 | 1979 |
323 89th | 323 89th, 94015 | 12,000 | 1978 |
355 Gellert | 355 Gellert Blvd, 94015 | 48,892 | 1976 |
Worth noting among recent office completions on the Daly City market is 2001 DC Station, which is currently the largest new office development in the city, at 383,123 square feet.
See reports for other markets
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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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Daly City 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.