Menlo Park, CA Office Units for Lease
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Menlo Park, CA Office Units Lease Rates & Market Statistics
Explore 48 Office Units for lease in Menlo Park, CA on Realmo, a commercial real estate exchange covering the Menlo Park area. The current inventory totals 375,846 square feet of properties — an average of ~7,850 SF per listing.
Office Units 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 $10.90 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $10.90 SF/Yr is 55% below the California state average of $24.34 SF/Yr.
Menlo Park accounts for 6% of the 858 office units currently available across San Mateo County, where nearby markets include San Francisco and San Mateo. Office Units make up 81% of the 59 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 buildings (10 listings) elsewhere in the Menlo Park market.