Menlo Park, CA Office Buildings for Lease
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Menlo Park, CA Office buildings Lease Rates & Market Statistics
Explore 15 Office buildings for lease in Menlo Park, CA on Realmo, a commercial real estate exchange covering the Menlo Park area. The current inventory totals 176,213 square feet of properties — an average of ~11,750 SF per listing.
Office buildings lease rates in Menlo Park range from $11.99 SF/Yr at the entry level to $12 SF/Yr at the top of the market, averaging $11.99 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $11.99 SF/Yr is 51% below the California state average of $24.43 SF/Yr.
Menlo Park accounts for 3% of the 459 office buildings currently available across San Mateo County, where nearby markets include San Francisco and San Mateo. Office buildings make up 21% of the 71 Office Spaces currently for lease in Menlo Park, with asking rates in line with the citywide Office Spaces average. Also worth a look for tenants weighing alternatives: Office Units (55 listings) and Coworking space (3 listings) elsewhere in the Menlo Park market.