Most listings are in the $50's per square foot per year. The North Burlingame-Rollins Road region is seeing a a boost in rates. In the last 3 months, the median rate went up $24 per sqft per year. That's a 75% increase in rent.
Compared to the rest of the Silicon Valley market, the North Burlingame-Rollins Road submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have been posted online, which means new listings most likley are 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,480 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1965 and are Class C.
A large portion of this market 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 occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.