2023 Office Space Rent & Sales
- $36.17 2023 Avg. Asking Rent
- -0.40% Y-o-Y Avg. Asking Rent Change
- 19.89% 2023 Office Vacancy Rate
Napa office price per square foot in 2023 was $36.17 on average. This marked a -0.40% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 19.89% 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
Napa, CA Office Asking Rents by Class
Coworking Spaces in California
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2023 Office Construction in Napa, CA
Office building | Address | SF | Completed |
---|---|---|---|
First Street Napa | 1300 1st Street, 94559 | 28,630 | 2017 |
462 Devlin Road | 462 Devlin Road, 94558 | 5,030 | 2008 |
388 Devlin Road | 388 Devlin Road, 94558 | 50,060 | 2007 |
Carnera Corporate Center | 166 Gateway Road East, 94558 | 40,085 | 2007 |
Main Street West | 1250 Main Street, 94559 | 40,000 | 2007 |
222-240 Gateway Road West | 240 Gateway Road West, 94558 | 38,640 | 2002 |
435 Devlin Road | 435 Devlin Road, 94558 | 39,600 | 2001 |
First & Main | 1000 Main Street, 94559 | 30,000 | 2001 |
30 Executive Ct | 30 Executive Ct, 94558 | 20,020 | 1993 |
Financial Plaza | 5 Financial Plaza, 94558 | 48,000 | 1983 |
Worth noting among recent office completions on the Napa market is First Street Napa, which is currently the largest new office development in the city, at 28,630 square feet.
See reports for other markets
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- Sacramento Office Rent Price
- San Jose Office Rent Price
- Irvine Office Rent Price
- Fresno 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 Napa 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.