Average Rent for Office Space in San Luis Obispo, CA
Rents for offices in San Luis Obispo range between $15 and $31.68 per square foot, with the market-wide average currently at $23.2 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in San Luis Obispo, CA
The San Luis Obispo, CA market currently features 63 distinct office spaces available for lease, totaling approximately 199,244 square feet.
Local inventory includes subtypes such as General Office with 26 listings, as well as other property types such as Medical Office and R&D - Office.
Available office spaces range from 572 square feet to 21,166 square feet, with an average size of 3,163 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
969,503
56.42%
50k to 100k Sq. Ft.
548,829
31.94%
100k to 500k Sq. Ft.
200,000
11.64%
Of the office inventory in San Luis Obispo, 20 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 11 buildings were developed between 1975 and 2000, while the remaining 5 date prior to 1975.
San Luis Obispo, CA Office Market Breakdown
The office market in San Luis Obispo, CA comprises 49 buildings totaling 1.7 million square feet.
Class A and A+ properties make up 75% of the office market in San Luis Obispo, while Class B properties total 25% of the market.
Range
Total Square Feet
Share of Total Office
Class A
401,629
23.37%
Class B
1,219,083
70.95%
Class C
97,620
5.68%
The market offers substantial flexibility in space configuration, with spaces reaching up to 21,166 square feet and an average square footage of 3,163 across all spaces located here.
Best Neighborhoods for Office Space in San Luis Obispo, CA
San Luis Obispo’s neighborhood with the most office spaces is Downtown San Luis Obispo, offering 15 listings currently available.
The neighborhoods with the next largest offerings include South Higuera with 10 listings, as well as Mitchell Park, which offers a total of 9 listings.
Neighborhood
No. of Listings
Total Sq. Ft.
Downtown San Luis Obispo
15
23,674
South Higuera
10
39,525
Mitchell Park
9
16,717
Edge of San Luis Obispo
8
28,399
Downtown South San Luis Obispo
6
17,803
1411 Marsh Street, Downtown San Luis Obispo, San Luis Obispo, CA