10 E 3rd Ave — Lease in San Mateo, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: San Mateo, CA 94401

Description

Commercial property listing from JLL. Property: 10 E 3rd Ave.

Market Context

This retail in San Mateo, CA is listed for lease. It has been on the market for 166 days. Compare it against other retail listings for lease in San Mateo, CA — view the full market.

As of Q1 2026, the San Francisco Peninsula retail market showed a 2.9% vacancy rate, average asking rents near $6.47/SF/yr, and rents up 5.2% year over year. Source: Colliers Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

Is the San Francisco Peninsula retail market tightening or softening?
Vacancy is around 2.9%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$0.46/SF/mo – $0.62/SF/mo

Mid: $0.54/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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