2023 Office Space Rent & Sales
- $25.31 2023 Avg. Asking Rent
- 28.72% 2023 Office Vacancy Rate
Concord office price per square foot in 2023 was $25.31 on average. The local office market recorded an average vacancy rate of 28.72% 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
2023 Average Office Rent per Square Foot
- California Class A & A+ Office Space$56.30
- California Class B Office Space$37.45
- California Class C Office Space$44.91
Concord, CA Office Asking Rents by Class
2023 Office Vacancy Rates in Concord
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Walnut Creek - North | $30.65 | 21.71% |
| Concord | $25.16 | 25.29% |
Office Spaces for Rent in California
Coworking Spaces in California
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 1701, 1803, 1853, 1955, 1991 Monument Blvd | 1701 Monument Blvd, 94520 | 7,559 | 1993 |
| UFCW Plaza - North Building | 1000 Burnett Avenue, 94520 | 99,112 | 1989 |
| 1800 Sutter Street | 1800 Sutter Street, 94520 | 174,689 | 1988 |
| Galaxy Office Park II | 1000 Burnett Ave, 94522 | 97,000 | 1988 |
| Two Corporate Centre | 1390 Willow Pass Rd, 94520 | 213,188 | 1987 |
| Concord Airport Plaza - B | 1220 Concord Avenue, 94520 | 175,153 | 1987 |
| Swift Plaza - Building D | 2000 Clayton Road, 94520 | 395,914 | 1986 |
| Two Corporate Centre | 1390 Willow Pass Road, 94520 | 213,188 | 1986 |
| Swift Plaza - Building B | 2001 Clayton Road, 94520 | 203,642 | 1986 |
| UFCW Plaza - South Building | 1001 Galaxy Way, 94520 | 79,406 | 1986 |
Worth noting among recent office completions on the Concord market is 1701, 1803, 1853, 1955, 1991 Monument Blvd, which is currently the largest new office development in the city, at 7,559 square feet.
See reports for other markets
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- Beverly Hills 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 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 Concord 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.