Most listings are in the $40's per square foot per year. The North Burlingame-Rollins Road region is experiencing a a boost in rates. In the last 3 months, the median rate went up $47 per sqft per year.
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 undervalued region.
In the last 90 days, 5 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 80% of the listings in the North Burlingame-Rollins Road are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1965 and are Class C.
A large portion of this region 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.