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4230 Olympic Ave 4200-4230 Olympic Ave 9,000 SF of Industrial Space Available in San Mateo, CA 94403
Highlights
- Functional ±9,000 SF industrial space with dock-high loading and grade-level access, ideal for owner-users or investors.
- Dedicated loading dock and roll-up door for efficient shipping, receiving, and warehouse operations.
- Gross lease structure with asking rate of $1.50 PSF per month.
- Prime San Mateo location along the San Francisco Peninsula, supporting strong industrial and flex demand.
- Ample on-site parking with approximately 45 spaces for tenants and visitors.
- Mid-size asset in a supply-constrained Peninsula market.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,000 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $108,000 /YR $9,000 /MO | Industrial Gross |
1st Floor
4230 Olympic Avenue offers a rare industrial leasing opportunity within the highly constrained San Francisco Peninsula market. Situated in San Mateo, this ±9,000 SF building is ideally configured for warehouse, light industrial, or distribution users requiring both efficient loading and commuter accessibility. The property features a dock-high loading dock coupled with grade-level access, providing tenants the flexibility to accommodate varied operational workflows. Located between Highway 101 and I-280, the site ensures connectivity to major transportation corridors, the San Francisco International Airport, and Silicon Valley employment centers. Ample on-site parking with ±45 spaces supports employee and visitor needs, while proximity to retail amenities, logistics providers, and service vendors enhances day-to-day functionality. The surrounding business ecosystem includes technology, logistics, and service firms, creating a synergistic environment ideal for companies seeking to streamline operations. With limited availability of industrial product across the Peninsula and sustained demand for flex and warehouse space, 4230 Olympic Ave represents a compelling leasing option in a strategically positioned submarket.
- Listed rate may not include certain utilities, building services and property expenses
- Dock-high loading supports various operations
- Roll-up door access accommodates industrial needs
- ±45 on-site parking spaces enhance accessibility
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 9,000 SF | Total Land Area | 0.73 AC |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Freestanding | Parking Ratio | 2.5/1,000 SF |
| Gross Leasable Area | 18,000 SF |
| Total Space Available | 9,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 18,000 SF |
| Total Land Area | 0.73 AC |
| Year Built | 2000 |
| Parking Ratio | 2.5/1,000 SF |
About the Property
4230 Olympic Avenue is a single-story industrial property located in San Mateo, California. The building consists of approximately 9,000 square feet and provides both dock-high and grade-level loading options. The site includes approximately 45 on-site parking spaces. Located between U.S. Route 101 and Interstate 280, the property offers access to regional transportation corridors and proximity to San Francisco International Airport. Surrounding land uses include commercial services, retail centers, and residential neighborhoods.
Nearby Major Retailers
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4230 Olympic Ave | 4200-4230 Olympic Ave
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