Commercial Real Estate Market in Thousand Oaks, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
121 active listings and 895 off-market properties in Thousand Oaks, CA. Commercial property asks $203/SF to buy and $13.11/SF/Yr to lease.
Market Trends
Thousand Oaks, CA spans 83.4 square miles in Ventura County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Thousand Oaks, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Thousand Oaks, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Thousand Oaks, 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 Thousand Oaks, CA asks $446/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
Market overview
Demographics & Economy
Thousand Oaks, CA has 143,573 residents in 53,916 households. Density runs 1,722 people per square mile. Median household income here is $136,163 and median gross rent $2,604 a month.
143,573
Population
53,916
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
95%
High-School Grad
83.4 sq mi
ZIP Area
1,722
Density / Sq Mi
$136,163
Median Household Income
$61,234
Median Earnings
$2,604
Median Rent
$1,006,526
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Thousand Oaks?
Commercial property in Thousand Oaks, CA asks an average of $203 per square foot. The 4 most recent recorded sales traded at a median of $492/SF. Multifamily carries the highest asking price at $446/SF.
How much does it cost to lease commercial space in Thousand Oaks?
Asking lease rates in Thousand Oaks, CA average $13.11 per square foot per year.
Where does Realmo's Thousand Oaks market data come from?
Realmo compiles Thousand Oaks, CA figures from 8 recent recorded sales, 53 active sale listings, 68 active lease listings, 895 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 53 active for-sale and 68 active for-lease listings in Thousand Oaks, 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.
- 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 · How Realmo checks market page data · Report a data issue
