2023 Office Space Rent & Sales
- $52.20 2023 Avg. Asking Rent
- 4.47% Y-o-Y Avg. Asking Rent Change
- 9.07% 2023 Office Vacancy Rate
Encinitas office price per square foot in 2023 was $52.20 on average. This marked a +4.47% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 9.07% 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
Encinitas, CA Office Asking Rents by Class
Office Spaces for Rent in California
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2023 Office Construction in Encinitas, CA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Leucadia Lofts | 1532-1536 N. Coast Highway 101, 92024 | 8,381 | 2022 |
| Quail Garden Corporate Center | 662 Encinitas Blvd., 92024 | 33,917 | 2014 |
| Encinitas West | 171 Saxony Rd., 92024 | 31,421 | 2003 |
| Cypress on the Ridge | 740-760 Garden View Ct., 92024 | 28,167 | 2003 |
| Saxony Place Office Plaza | 489 Saxony Pl, 92024 | 5,872 | 2003 |
| Mammoth Professional Bldg. | 169 Saxony Rd., 92024 | 40,370 | 2001 |
| Saxony Place | 561 & 617 Saxony Pl., 92024 | 12,108 | 2000 |
| 374 Encinitas Blvd. | 374 Encinitas Blvd., 92024 | 13,000 | 1998 |
| 750 2nd St. | 750 2nd St., 92024 | 12,000 | 1991 |
| North Coast Health Center | 477 North El Camino Real, 92024 | 93,271 | 1987 |
Worth noting among recent office completions on the Encinitas market is Leucadia Lofts, which is currently the largest new office development in the city, at 8,381 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 Encinitas 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.