Commercial Real Estate Market in Sunnyvale, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
165 active listings and 2,059 off-market properties in Sunnyvale, CA. Commercial property asks $237/SF to buy and $17.88/SF/Yr to lease.
Market Trends
Sunnyvale, CA spans 20.6 square miles in Santa Clara County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Sunnyvale, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Sunnyvale, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Sunnyvale, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Sunnyvale, CA asks $719/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 51.9%
- Civic 24.6%
- Industrial 11.1%
- Commercial 4.8%
- Mixed use 3.9%
- Open space 3.7%
Largest Zones share of zoned land by district
Public Facilities
Low Density Residential
Low Density Residential
Medium Density Residential
Industrial And Service
Sunnyvale, CA zones 11,480 acres across 41 districts. Commercial zoning covers 4.8% of zoned land, residential 51.9%, open space 3.7% and industrial 11.1%. The largest single district is Public Facilities at 24%. For commercial buyers the practical constraint is that only 15.9% of land carries a commercial or industrial designation.
Public Facilities (PF)
The P-F public facilities zoning district is reserved for the construction, use and occupancy of governmental, public utility and educational buildings and facilities, and other uses compatible with the public character of the district. ( Prior zoning code §§ 19.32.070(a), 19.32.080(a), 19.32.090(a) ; Ord. 2623-99
Market overview
Demographics & Economy
Sunnyvale, CA has 155,805 residents in 61,808 households. Density runs 7,580 people per square mile. Median household income here is $184,478 and median gross rent $3,140 a month.
155,805
Population
61,808
Households
2.5
Avg Household Size
36
Median Age
69%
College-Educated
95%
High-School Grad
20.6 sq mi
ZIP Area
7,580
Density / Sq Mi
$184,478
Median Household Income
$110,184
Median Earnings
$3,140
Median Rent
$1,618,702
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Santa Clara | — | $16.41 |
| Cupertino | — | — |
| Los Altos | — | $20.61 |
Commercial property in Sunnyvale, CA asks $237/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sunnyvale?
Commercial property in Sunnyvale, CA asks an average of $237 per square foot. The 4 most recent recorded sales traded at a median of $520/SF. Multifamily carries the highest asking price at $719/SF.
How much does it cost to lease commercial space in Sunnyvale?
Asking lease rates in Sunnyvale, CA average $17.88 per square foot per year.
What zoning applies to commercial property in Sunnyvale?
Sunnyvale, CA zones 11,480 acres across 41 districts, of which 4.8% is commercial and 11.1% industrial. The largest single district is Public Facilities at 24% of zoned land. The P-F public facilities zoning district is reserved for the construction, use and occupancy of governmental, public utility and educational buildings and facilities, and other uses compatible with the public character of the district. ( Prior zoning code §§ 19.32.070(a), 19.32.080(a), 19.32.090(a) ; Ord. 2623-99 Residential zoning covers 51.9% and open space 3.7%.
Where does Realmo's Sunnyvale market data come from?
Realmo compiles Sunnyvale, CA figures from 5 recent recorded sales, 62 active sale listings, 103 active lease listings, 2,059 tracked off-market properties, the current Sunnyvale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 62 active for-sale and 103 active for-lease listings in Sunnyvale, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 11,480 zoned acres across 41 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
