Sacramento Office Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from CBRE U S Cap Rate Sur, Colliers, Cushman & Wakefield, CBRE, Newmark
Quarterly office market indicators for Sacramento, aggregated by PropZone from CBRE U S Cap Rate Sur, Colliers, Cushman & Wakefield, CBRE, Newmark. As of Q1 2026, average asking rent was $25.80/SF.
Projected current office pricing — Sacramento
low confidenceProjected asking rent
$25.80/SF/yr
Estimated sale value
$138–$179/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 8.6%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $25.80/SF | — | — | — | CBRE U S Cap Rate Sur |
| Q1 2026 | — | 6.3% | — | — | Colliers |
| Q1 2026 | $25.80/SF | 14.2% | -37K SF | — | Cushman & Wakefield |
| Q1 2026 | — | 1.2% | 0K SF | — | CBRE |
| Q4 2025 | — | — | 342K SF | — | Newmark |
| Q4 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q3 2025 | — | — | 383K SF | — | Newmark |
| Q1 2025 | $235.00/SF | 16.5% | — | — | Newmark |
| Q1 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q4 2024 | — | 16.4% | — | — | Newmark |
| Q3 2024 | — | 16.8% | — | — | Newmark |
| Q2 2024 | — | 17.1% | — | — | Newmark |
| Q1 2024 | — | 16.7% | — | — | Newmark |
| Q4 2023 | — | 16.7% | — | — | Newmark |
| Q3 2023 | — | 16.5% | — | — | Newmark |
| Q3 2023 | $38.32/SF | 12.0% | -4.3M SF | — | Cushman & Wakefield |
| Q3 2023 | $54.88/SF | — | 89K SF | — | Colliers |
| Q1 2023 | — | 1.3% | -925K SF | — | Newmark |
| Q4 2022 | $102.00/SF | 13.7% | 130K SF | — | Newmark |
| Q3 2022 | — | 11.8% | — | — | Newmark |
| Q3 2021 | $5.00/SF | 20.5% | 55K SF | — | Colliers |
| Q3 2019 | — | 10.3% | -2K SF | — | CBRE |
| Q3 2019 | $56.16/SF | 6.3% | 1K SF | — | Colliers |
| Q3 2019 | $18.82/SF | 9.6% | -45K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for office space in Sacramento?
- As of Q1 2026, the average asking rent for office space in Sacramento was $25.80/SF, per CBRE U S Cap Rate Sur.
- What is the office vacancy rate in Sacramento?
- Vacancy data for Sacramento office is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does PropZone's Sacramento market data come from?
- This report aggregates quarterly office market data for Sacramento from CBRE U S Cap Rate Sur, Colliers, Cushman & Wakefield, CBRE, Newmark.
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