2023 Office Space Rent & Sales
- $23.45 2023 Avg. Asking Rent
- 3.14% Y-o-Y Avg. Asking Rent Change
- 31.06% 2023 Office Vacancy Rate
- $41.4M2023 Total Office Sales
- $81.93Avg. Sale Price/SF
Rancho Cordova office price per square foot in 2023 was $23.45 on average. This marked a +3.14% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 31.06% across all asset classes combined. The 6 transactions that closed here throughout 2023 amounted to a total sale volume of $41.4M. Rancho Cordova office space commanded an average sale price per square foot of $81.93.
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
Rancho Cordova, CA Office Asking Rents by Class
Rancho Cordova Office Sale Price per SF
- $81.932023 Avg. Price per SF
- -40.46%Y-o-Y Avg. PpSF Change
- $41.4M2023 Office Sales Volume
- 62023 Number of Transactions
Rancho Cordova, CA Sale Price per SF Trend
- Rancho Cordova Avg. Sale Price per SF in 2023$81.93
- California Avg. Sale Price per SF in 2023$256.51
2023 Office Sales Volume
- Rancho Cordova, CA Total Office Sales Volume in 2023 $41.4M
- Rancho Cordova, CA Total Number of Office Sales Closed in 2023 6
Coworking Spaces in California
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Office building | Address | SF | Completed |
---|---|---|---|
Zinfandel Place | 3101 Zinfandel Drive, 95670 | 129,419 | 2009 |
2440 Gold River Road | 2440 Gold River Road, 95670 | 53,320 | 2003 |
2440 Gold River Road | 2440 Gold River Road, 95670 | 53,320 | 2003 |
Gold Pointe Corporate Center | 11971 Foundation Place, 95670 | 145,869 | 2002 |
Gold Pointe Corporate Center - Building C | 11971 Foundation Place, 95670 | 145,869 | 2002 |
Gold Pointe Corporate Center - Building B | 12009 Foundation Place, 95670 | 110,000 | 2001 |
10730 International Dr | 10730 International Dr, 95670 | 104,569 | 2001 |
Gold River Center | 11290 Pyrites Way, 95670 | 107,020 | 2000 |
Capital Center | 10734 International Dr, 95670 | 73,986 | 2000 |
Prospect West III | 10995 Gold Center Dr, 95670 | 66,519 | 2000 |
Worth noting among recent office completions on the Rancho Cordova market is Zinfandel Place, which is currently the largest new office development in the city, at 129,419 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
- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- 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 Rancho Cordova 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.