San Mateo, CA Commercial Real Estate for Lease - 112 Listings

KW San Mateo

16 East 3rd Avenue, North Central San Mateo, San Mateo, CA
For Lease

Contact for pricing
Property

Office

7,200 SF
Availability

2 Spaces

6,500 SF
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989 at MetroCenter

989 East Hillsdale Blvd, Foster City, CA
For Lease

Contact for pricing
Property

Office

144,251 SF
Availability

1 Space

13,034 SF
Year Built

1985
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Bovet Office Centre - 177 Bovet Road

177 Bovet Road, Homestead Husing, San Mateo, CA
For Lease

$4.25/SF/MO
Property

Office

97,110 SF
Availability

7 Spaces

46,588 SF
Year Built

1970
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Bay Meadows - Station 4

3050 South Delaware Street, Bay Meadows, San Mateo, CA
For Lease

$83.40/SF/YR
Property

Office

210,000 SF
Availability

2 Spaces

121,252 SF
Year Built

2017
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411 Borel

411 Borel Ave, Homestead Husing, San Mateo, CA
For Lease

$47.40/SF/YR
Property

Office

140,865 SF
Availability

8 Spaces

42,306 SF
Year Built

1975
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1825 South Grant Street
WeWork
1825 South Grant Street #200, San Mateo, CA
Services

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Bike storage

Cleaning services

EV charging stations

Fitness center

IT support

Kitchen

Mother’s room

Outdoor areas

Parking

Pet friendly
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Parallel on Third

401 East 3rd Avenue, North Central San Mateo, San Mateo, CA
For Lease

$5.50/SF/MO
Property

Office

116,122 SF
Availability

1 Space

11,968 SF
Year Built

2022
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San Mateo Business Center

181 2nd Avenue, North Central San Mateo, San Mateo, CA
For Lease

$6.50/SF/MO
Property

Office

69,043 SF
Availability

1 Space

12,557 SF
Year Built

1967
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City Plaza

1900 O'Farrell St, Beresford Manor, San Mateo, CA
For Lease

Contact for pricing
Property

Office

62,000 SF
Availability

2 Spaces

6,553 SF
Year Built

1990
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Metro Center III

919 Hillsdale Blvd, E., Foster City, CA
For Lease

$51.00 - $54.00/SF/YR
Property

Office

144,810 SF
Availability

3 Spaces

24,877 SF
Year Built

1988
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Lambeau Bldg

2600 El Camino Real, S., Beresford Manor, San Mateo, CA
For Lease

$47.40/SF/YR
Property

Office

24,260 SF
Availability

2 Spaces

17,741 SF
Year Built

1981
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400 Concar Drive
WeWork
400 Concar Drive, San Mateo, CA
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Bike storage

Cleaning services

Espresso bar

Game room

Hands-free dispensers

Heating & A/C

High-speed wifi

IT support
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Clearview Business Park - Buildings A, B, C, F & E

3000 Clearview Way, Western Hills, San Mateo, CA
For Lease

Contact for pricing
Property

Office

264,252 SF
Availability

3 Spaces

184,812 SF
Year Built

1970
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The Atrium

1900 Norfolk St, S., Lakeshore, San Mateo, CA
For Lease

Contact for pricing
Property

Office

161,815 SF
Availability

9 Spaces

57,534 SF
Year Built

1983
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1850 Gateway

1850 Gateway Dr, Shoreview, San Mateo, CA
For Lease

$5.25/SF/MO
Property

Office

142,911 SF
Availability

4 Spaces

45,177 SF
Year Built

1991
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Yardline

922 South Claremont Street, Hayward Park, San Mateo, CA
For Lease

$2.25/SF/MO
Property

Office

30,000 SF
Availability

2 Spaces

4,850 SF
Year Built

2020
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De Ritz Plaza

1528 El Camino Real, S., Homestead Husing, San Mateo, CA
For Lease

$41.40/SF/YR
Property

Office

65,000 SF
Availability

3 Spaces

11,585 SF
Year Built

1999
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411 Borel

411 Borel Avenue, Homestead Husing, San Mateo, CA
For Lease

Contact for pricing
Property

Office

140,000 SF
Availability

1 Space

4,640 SF
Year Built

1975
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Woodlake Shopping Center

860 North Delaware Street, North Central San Mateo, San Mateo, CA
For Lease

Contact for pricing
Property

Retail

44,000 SF
Availability

2 Spaces

5,669 SF
Year Built

1968
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Mills Square Tower

100 South Ellsworth Avenue, North Central San Mateo, San Mateo, CA
For Lease

Contact for pricing
Property

Office

67,333 SF
Availability

3 Spaces

20,290 SF
Year Built

1968
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Bovet Office Centre - 155 Bovet Road

155 Bovet Road, Homestead Husing, San Mateo, CA
For Lease

$4.35/SF/MO
Property

Office

151,128 SF
Availability

11 Spaces

45,228 SF
Year Built

1970
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1730 South El Camino Real

1730 South El Camino Real, Homestead Husing, San Mateo, CA
For Lease

Contact for pricing
Property

Office

43,000 SF
Availability

5 Spaces

9,055 SF
Year Built

1975
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Borel Place Office Center

1611 Borel Place, Homestead Husing, San Mateo, CA
For Lease

$3.65/SF/MO
Property

Office

60,600 SF
Availability

12 Spaces

9,641 SF
Year Built

1963
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Bayshore Corporate Commons

1650 South Amphlett Blvd, Sunnybrae, San Mateo, CA
For Lease

Contact for pricing
Property

Office

340,000 SF
Availability

29 Spaces

85,425 SF
Year Built

1975
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The Crossroads - 1875 South Grant Street

1875 South Grant Street, Sunnybrae, San Mateo, CA
For Lease

$3.55 - $4.50/SF/MO
Property

Office

172,538 SF
Availability

13 Spaces

120,223 SF
Year Built

1985
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OFFICE SPACE FOR LEASE

20 E 3rd Ave, North Central San Mateo, San Mateo, CA
For Lease

$4.00/SF/MO
Property

Office
Availability

1 Space

2,620 SF
Year Built

1926
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The San Mateo commercial real estate market incorporates 7,942,207 square feet of office space across 81 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In San Mateo, the coworking segment of the commercial real estate market incorporates about 1,141 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The San Mateo commercial real estate market includes 1,121,536 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the San Mateo market, there is a total of 56,158 square feet of industrial property.

The listing inventory in San Mateo incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in San Mateo is represented by Office space, which accounts for 2,455,526 square feet of available listings. Retail space available in San Mateo adds up to 195,482 square feet.

Meanwhile, most of the listings of commercial property for sale in San Mateo are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in San Mateo is $50.98 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in San Mateo can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in San Mateo, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in San Mateo is in the Homestead Husing neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Homestead Husing area.

Meanwhile, retail space opportunities are most abundant in the North Central San Mateo submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Hayward Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $66 per square foot. In particular, the property type commanding the highest lease rates in San Mateo was Office space.

The average size of a commercial property in San Mateo depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In San Mateo, the average size of an office property is 103,146 square feet.
Retail properties here incorporate an average of 62,308 square feet.
Industrial space in San Mateo is in buildings that are, on average 14,040 square feet in size.

San Mateo, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in San Mateo currently add up to 2,803,408 square feet. The market offers 79 active office listing(s), which amount to 2,455,526 square feet and account for 75% of commercial spaces on the market. Local retail availability includes 195,482 square feet across 19 retail space(s). Industrial space for rent opportunities in San Mateo amount to 21,720 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	79	2,455,526
Retail	19	195,482
Industrial	3	21,720
Other	3	130,680

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in San Mateo, CA. Currently, there is 82,412 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 1 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	31,000
Retail	1	18,068
Industrial	2	27,758
Other	2	5,586

San Mateo, CA Commercial Real Estate Market Overview

San Mateo, Calif., is located in the heart of the Bay Area, about halfway between San Francisco and San Jose, making it the perfect choice for those who seek easy access to both cities. Moreover, San Mateo is also considered one of the most developed suburban San Francisco commercial real estate submarkets.

The city accommodates a variety of industries, with jobs in tech, healthcare, financial systems, government and retail. The three largest employers in San Mateo are the County of San Mateo Medical Center, the San Mateo-Foster City Unified School District and Sony Interactive Entertainment. Companies headquartered here include Franklin Templeton Investments, Roblox, Fisher Investments, SolarCity and GoPro.

San Mateo, CA Commercial Real Estate for Lease - 112 Listings

KW San Mateo

989 at MetroCenter

Bovet Office Centre - 177 Bovet Road

Bay Meadows - Station 4

411 Borel

1825 South Grant Street

Parallel on Third

San Mateo Business Center

City Plaza

Metro Center III

Lambeau Bldg

400 Concar Drive

Clearview Business Park - Buildings A, B, C, F & E

The Atrium

1850 Gateway

Yardline

De Ritz Plaza

411 Borel

Woodlake Shopping Center

Mills Square Tower

Bovet Office Centre - 155 Bovet Road

1730 South El Camino Real

Borel Place Office Center

Bayshore Corporate Commons

The Crossroads - 1875 South Grant Street

OFFICE SPACE FOR LEASE

Frequently Asked Questions

San Mateo, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

San Mateo, CA Commercial Real Estate Market Overview

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San Mateo, CA Commercial Real Estate for Lease - 112 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in San Mateo, CA?

What factors affect the price of commercial real estate in San Mateo, CA?

What is the average rent for commercial space in San Mateo, CA?

What are the best areas for commercial real estate in San Mateo, CA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in San Mateo, CA?

San Mateo, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

San Mateo, CA Commercial Real Estate Market Overview

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Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us