Menlo Park, CA Office Units for Lease
- Palo Alto, CA
- Atherton, CA
- East Palo Alto, CA
- Redwood City, CA
- Rancho Cucamonga, CA
- Portola Valley, CA
- Belmont, CA
- Los Altos, CA
Menlo Park, CA Office Units Lease Rates & Market Statistics
Explore 56 Office Units for lease in Menlo Park, CA on Realmo, a commercial real estate exchange covering the Menlo Park area. The current inventory totals 394,540 square feet of properties — an average of ~7,050 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 $24.21 SF/Yr.
Menlo Park accounts for 5% of the 1,064 office units currently available across San Mateo County, where nearby markets include San Francisco and San Mateo. Office Units make up 78% of the 72 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 (15 listings) and Coworking space (3 listings) elsewhere in the Menlo Park market.