Menlo Park, CA Office Spaces for Lease
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Menlo Park, CA Office Spaces Lease Rates & Market Statistics
Explore 60 Office Spaces for lease in Menlo Park, CA on Realmo, a commercial real estate exchange covering the Menlo Park area. The current inventory totals 470,490 square feet of properties — an average of ~7,850 SF per listing.
Office Spaces lease rates in Menlo Park range from $7.75 SF/Yr at the entry level to $12 SF/Yr at the top of the market, averaging $11.08 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $11.08 SF/Yr is 55% below the California state average of $24.67 SF/Yr.
Menlo Park accounts for 5% of the 1,267 office spaces currently available across San Mateo County, where nearby markets include San Francisco and San Mateo. By space type, the market includes 48 office units and 11 office buildings.