2838 S El Camino — Lease in San Mateo, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: San Mateo, CA 94403
Photos
Description
2838 S El Camino Real is a retail property located in San Mateo’s Hillsdale district. The property encompasses approximately ±34,000 square feet of retail space situated on a 1.18-acre lot. On-site parking and was formally occupied by a Macys Furniture. The location offers convenient access to major highways, including Highways 101 and 92, and is in proximity to the Hillsdale Shopping Mall and San Francisco International Airport.
Market Context
This retail in San Mateo, CA is listed for lease. Compare it against other retail listings for lease in San Mateo, CA — view the full market.
As of Q2 2026, the San Francisco Peninsula retail market showed a 4.5% vacancy rate, and average asking rents near $38.52/SF/yr. Source: Kidder Mathews Q2 2026 market report.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the San Francisco Peninsula retail market tightening or softening?
- Vacancy is around 4.5% (Q2 2026).
Estimated Market Rate
$2.73/SF/mo – $3.69/SF/mo
Mid: $3.21/SF/mo
Contact
- Jeffrey Badstubner · jeff.badstubner@jll.com
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