870 Santa Cruz Avenue — Lease in Menlo Park, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Menlo Park, CA 94025
  • Size: 8,377 SF

Description

Sublessor: Level Home, Inc • Brand new built out spec office. • Market ready improvements underway • Exclusive roof deck for office users • Adjacent to abundant city parking • Easy walk to Caltrain • Prominent Visibility & Identity. • Expansive Open Space. Ideal for Professional Service or Tech Users. • $1.86 Opex

Market Context

This office in Menlo Park, CA is listed for lease across 8,377 SF. It has been on the market for 53 days. Compare it against other office listings for lease in Menlo Park, 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

Estimated total for 8,377 SF: $3,518 per month

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

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