2023 Office Space Rent & Sales
- $26.82 2023 Avg. Asking Rent
- 0.46% Y-o-Y Avg. Asking Rent Change
- 20.01% 2023 Office Vacancy Rate
Folsom office price per square foot in 2023 was $26.82 on average. This marked a +0.46% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 20.01% 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
Folsom, CA Office Asking Rents by Class
2023 Office Vacancy Rates in Folsom
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Folsom | $26.82 | 19.64% |
| Highway 50 Corridor | $22.49 | 30.13% |
Office Spaces for Rent in California
Coworking Spaces in California
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 2295 Iron Point Road | 2295 Iron Point Road, 95630 | 100,086 | 2008 |
| Broadstone Park Professional Center | 1831 Iron Point Road, 95630 | 73,000 | 2008 |
| Willow Creek Medical Office Park | 1731 Creekside Drive, 95630 | 56,595 | 2007 |
| Lake Natoma Plaza | 13405 Folsom Blvd, 95630 | 46,960 | 2005 |
| Gold Rush Plaza | 7610 Folsom Auburn Rd, 95630 | 13,012 | 2005 |
| Natoma Professional Center | 31 Natoma St, 95630 | 8,148 | 2005 |
| College Point Business Center | 2600 E Bidwell Street, 95630 | 40,000 | 2004 |
| Iron Point Business Park | 1180 Iron Point Road, 95630 | 123,000 | 2001 |
| Broadstone Business Ctr | 80 Iron Point Cir, 95630 | 65,000 | 2000 |
| Natoma Station Corporate Center | 950 Iron Point Road, 95630 | 102,750 | 1999 |
Worth noting among recent office completions on the Folsom market is 2295 Iron Point Road, which is currently the largest new office development in the city, at 100,086 square feet.
See reports for other markets
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
- San Jose Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Oakland Office Rent Price
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- Santa Monica Office Rent Price
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- Redwood City Office Rent Price
- Walnut Creek Office Rent Price
- Santa Clara Office Rent Price
- Long Beach Office Rent Price
- 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 Folsom 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.