Most listings are in the $10's per square foot per year. The San Mateo submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 38% decline in rent.
In the last 90 days, 9 listings have been listed, which means office spaces 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,690 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1982 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 region. Most of the residents of San Mateo work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.