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Class A+ Office Space
For Lease
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500 3rd Avenue, San Mateo, CA 94401

Office space with retail amenities and luxury apartment suites.

Space SizeContact for details
Days on Market280

Property Features for 500 3rd Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | San Francisco
Listed By: Robert McSweeney · License #00934240
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 16 Last Checked: Aug 7 at 5:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | San Francisco

Investment Insights

Based on property information with market context.

This Class A+ office space is thoughtfully accompanied by retail amenities and luxury apartment suites. The property is located 2 blocks (3 minutes) from the Caltrain station and 5.9 miles (7 minutes) from SFO Airport. Travel time to San Francisco is approximately 23 minutes via Highway 101 (19.1 miles) or 29 minutes via Caltrain. The property is also located 27.5 miles (28 minutes) from SJC Airport and 30.5 miles (34 minutes) from San Jose via Highway 101, or 45 minutes via Caltrain. The property has a size of 198572 square feet.

Key Highlights

  • Class A+ office space available
  • Proximity to Caltrain Station (2 blocks, 3 minutes)
  • Convenient access to SFO Airport (5.9 miles, 7 minutes)

Property Analytics

Current Use

Edi's Quesabirrias & Tacos Restaurant

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Barber Shop Storage Facility Florist (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,890
Businesses Nearby

Demographics for 94401, CA

35,249
Population
13,798
Households
2.6
Avg Household Size
37
Median Age
45%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
11,371
Density / Sq Mi
$121,258
Median Household Income
$57,724
Median Earnings
$2,713
Median Rent
$1,123,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space with retail amenities and luxury apartment suites.
Where is this office units located?
The property is located at 500 3rd Avenue San Mateo, CA.
What are key features of this property?
This property features: Class A+ office space available; Proximity to Caltrain Station (2 blocks, 3 minutes); Convenient access to SFO Airport (5.9 miles, 7 minutes)
More about this property
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