Most listings are in the $40's per square foot per year. The North Burlingame-Rollins Road region is seeing a decrease 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 depreciated submarket.
In the last 90 days, 5 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. 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 540 sqft. Most properties in this area are around 2 floors. 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 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.