Bay Meadows Station 4 — Lease in San Mateo, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: San Mateo, CA 94403
  • Submarket: San Mateo

Photos

Bay Meadows Station 4 — Lease in San Mateo, CA, photo 1 of 1

Description

• FULL SECOND FLOOR AVAILABLE – 68,333 SF, DIVISIBLE TO: - ±14,480 SF (Available 1/1/2026, possibly sooner) - ±19,910 SF (Plug & Play) - ±33,944 SF • Station 4 parking ratio: 2.5/1000 - EV charging stations Can be delivered plug and play Open Floor Plan

Market Context

This office in San Mateo, CA is listed for lease. Compare it against other office listings for lease in San Mateo, CA — view the full market.

As of Q2 2026, the San Francisco Peninsula office market showed a 23.8% vacancy rate, and average asking rents near $66.00/SF/yr. Source: Kidder Mathews Q2 2026 market report.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

Is the San Francisco Peninsula office market tightening or softening?
Vacancy is around 23.8% (Q2 2026).

Estimated Market Rate

$4.68/SF/mo – $6.33/SF/mo

Mid: $5.50/SF/mo

By our match to nearby addresses in brokers' reports, this property is in the San Mateo submarket, where average asking rent was $63.84/SF/yr in Kidder Mathews's Q2 2026 report.

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