BAY MEADOWS STATION — Lease in San Mateo, CA

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

Description

Office | For Sublease: 20,000 - 48,244 SF 2 dropdown project screens. Creative internal stairwell to 4th floor office. Ability to expand into additional 48,244 SF on the remainder of 3rd floor. High $6s/PSF. Key Facts Property Name: BAY MEADOWS STATION Property Type: Office Available Subtype: Office Floor Number: 3 Suite: 3rd Floor Available For: Sublease Available SF: 48,244 Divisible-Contiguous: 20,000 - 48,244 Expenses: $1.6900 License #: 01888351

Market Context

This office in San Mateo, CA is listed for lease. It has been on the market for 176 days. Compare it against other office listings for lease in San Mateo, CA — view the full market.

As of Q1 2026, the San Francisco Peninsula office market showed a 16.5% vacancy rate. Source: Colliers Q1 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 16.5% (Q1 2026).

Estimated Market Rate

$0.36/SF/mo – $0.48/SF/mo

Mid: $0.42/SF/mo

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

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