On average, listings lease in the $20's per square foot per year. The San Mateo submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 33% rise in rent.
In the last 90 days, 4 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,560 sqft. Most properties in this market are approximately 1 stories. Most buildings in this market were built in 0 and are Class Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Most of the folk of San Mateo work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.