550 Allerton Street — Lease in Redwood City, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Redwood City, CA 94063
  • Submarket: Redwood City
  • Size: 14,886 SF

Photos

550 Allerton Street — Lease in Redwood City, CA, photo 1 of 1

Description

Near Bair Island Marina, Highway 101 and Highway 82

Market Context

This office in Redwood City, CA is listed for lease across 14,886 SF. Compare it against other office listings for lease in Redwood City, 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

$5.50/SF/mo – $7.44/SF/mo

Mid: $6.47/SF/mo

Estimated total for 14,886 SF: $96,312 per month

By our match to nearby addresses in brokers' reports, this property is in the Redwood City submarket, where average asking rent was $71.52/SF/yr in Kidder Mathews's Q2 2026 report.

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