Stockton Office Rent Price & Sales Report

2023 Office Space Rent & Sales

  • $21.30 2023 Avg. Asking Rent
  • 14.03% 2023 Office Vacancy Rate
  • $14M2023 Total Office Sales
  • $80.48Avg. Sale Price/SF

Stockton office price per square foot in 2023 was $21.30 on average. The local office market recorded an average vacancy rate of 14.03% across all asset classes combined. The 3 transactions that closed here throughout 2023 amounted to a total sale volume of $14M. Stockton office space commanded an average sale price per square foot of $80.48.

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

Stockton, CA Office Asking Rents by Class

Office Spaces for Rent in California

Stockton Office Sale Price per SF

  • $80.482023 Avg. Price per SF
  • -16.45%Y-o-Y Avg. PpSF Change
  • $14M2023 Office Sales Volume
  • 32023 Number of Transactions

Stockton, CA Sale Price per SF Trend

  • Stockton Avg. Sale Price per SF in 2023$80.48
  • California Avg. Sale Price per SF in 2023$256.51
Stockton office space cost in 2023 marked a -16.45% change compared to the previous year. The sale price for office space in Stockton averaged $80.48 per square foot in 2023, across all market subdivisions and asset classes. Conversely, the statewide California average office sale price during the same time period was $256.51 per square foot.

2023 Office Sales Volume

  • Stockton, CA Total Office Sales Volume in 2023 $14M
  • Stockton, CA Total Number of Office Sales Closed in 2023 3
A total of 3 deals closed on the Stockton office market in 2023, adding up to a yearly sales volume of $14M. Notably, the largest transaction on the market saw Cort Tower change hands for $6,680,000 on 3/16/2023.
Data provided by Commercial Edge

Coworking Spaces in California

Largest Office Properties Recently Completed in Stockton
Office building Address SF Completed
Brookside Office Building 3244 Brookside Road , 95219 44,000 2007
3555 Deer Park Drive 3555 Deer Park Drive, 95219 25,730 2005
A. G. Spanos Building 10100 Trinity Pkwy, 95219 158,064 2004
620 North Aurora Street 620 North Aurora Street, 95202 112,382 1995
Brookside Business Park - 3247 West March Lane 3247 West March Lane, 95219 74,907 1992
The Brookside Business Park - Grupe Building 3255 West March Lane, 95219 68,000 1991
Sherwood Executive Center 5250 Claremont Avenue, 95207 48,751 1990
Arch Road Business Park - 3663 Arch Road 3663 Arch Road, 95215 32,640 1990
3663 Arch Road 3663 Arch Road, 95215 32,640 1990
4568 Feather River Dr Ste D 4568 Feather River Dr Ste D, 95219 2,150 1987

Worth noting among recent office completions on the Stockton market is Brookside Office Building, which is currently the largest new office development in the city, at 44,000 square feet.

Data provided by Commercial Edge

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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 Stockton 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.