Most listings are in the $40's per square foot per year. The North Burlingame-Rollins Road submarket is going through a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the Silicon Valley market, the North Burlingame-Rollins Road submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 5 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 540 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1965 and are Class C.
A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Burlingame-Rollins Road residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.