Commercial Properties in Millbrae

Commercial Properties in Millbrae, California - Prime Business Locations

Get Commercial Properties in Millbrae

Millbrae offers exceptional commercial real estate opportunities for businesses seeking strategic San Francisco Bay Area locations. Positioned just minutes from San Francisco International Airport, Millbrae's commercial properties attract diverse industries including technology, healthcare, retail, and hospitality. The city's proximity to major transportation corridors, established infrastructure, and business-friendly environment make it ideal for companies expanding operations or relocating headquarters. Whether you're seeking office space, retail locations, or industrial properties, Millbrae's commercial market delivers accessible pricing compared to neighboring markets while maintaining strong growth potential and excellent visibility.

Millbrae Real Estate Market

Millbrae's commercial real estate market reflects strong demand driven by SFO proximity and Bay Area growth. Properties range from $400,000 to $5 million+, with lease rates from $1.50 to $3.50 per square foot monthly. The market experiences steady appreciation with diverse tenant bases spanning healthcare, logistics, and professional services. Limited inventory keeps competition high among buyers and tenants. Recent infrastructure improvements and airport expansion plans support long-term value growth.

2026 Market Snapshot — Millbrae, CA

Estimated based on recent market conditions. Anthony confirms exact pricing per property.

Median Sale Price
$1,285,000
Median Price per Sq Ft
$892
Median Days on Market
18
Median Monthly Rent
$3,200
Active Listings
42
Year-over-Year
+2.1%

Millbrae stabilizes as transit-adjacent Peninsula suburb benefits from remote work flexibility and modest new housing supply.

Updated: Jun 2026

💰 Price Range

Millbrae commercial properties typically range from $400,000 for smaller retail spaces to $3-5 million for larger office or industrial facilities. Lease rates average $1.50-$3.50 per square foot monthly. Premium properties near SFO airport command higher valuations. Investment properties show 4-7% annual appreciation trends in this San Mateo County market.

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🏠 Buyer Tips

Research zoning regulations carefully before purchasing commercial properties in Millbrae. Conduct thorough due diligence on tenant stability and lease agreements. Consider proximity to SFO airport for accessibility advantages. Evaluate parking availability and traffic patterns affecting business operations. Work with experienced commercial real estate agents familiar with local market conditions. Secure pre-approval for commercial financing early in your search process.

🔑 Seller Tips

Highlight proximity to SFO airport and major transportation networks in marketing materials. Document property improvements, maintenance records, and tenant history comprehensively. Price competitively using recent comparable sales data. Consider long-term lease stability when attracting qualified buyers. Stage spaces professionally to showcase potential uses. Partner with commercial brokers specializing in Millbrae market dynamics for maximum exposure.

About Millbrae

Millbrae combines suburban accessibility with urban business advantages. The community features excellent schools, quality dining options, and recreational amenities including parks and golf courses. Located on the BART line, residents and workers enjoy seamless Bay Area connectivity. The city maintains clean, well-maintained streets with strong municipal services. Family-friendly atmosphere alongside robust commercial development creates balanced community character. Proximity to downtown San Francisco, Silicon Valley, and major airports positions Millbrae as a regional business hub.

Frequently Asked Questions

What types of commercial properties are available in Millbrae? +
Millbrae offers diverse commercial options including office buildings, retail spaces, industrial warehouses, medical facilities, and mixed-use developments. Properties range from small street-level retail to multi-story office complexes. Many feature modern amenities and flexible layouts accommodating various business needs. Availability includes both single-tenant and multi-tenant properties suited for startups through established enterprises.
Why is Millbrae's location advantageous for commercial businesses? +
Millbrae's proximity to San Francisco International Airport provides unmatched accessibility for business travel and logistics operations. Direct BART access connects to San Francisco, Silicon Valley, and surrounding markets. Major highways including US-101 and I-280 offer excellent transportation infrastructure. This strategic location attracts companies requiring frequent travel, international operations, or regional distribution capabilities.
What is the average lease rate for commercial space in Millbrae? +
Average commercial lease rates in Millbrae range from $1.50 to $3.50 per square foot monthly, depending on property type, condition, and location. Premium spaces near SFO airport command higher rates. Retail spaces typically cost more than industrial warehousing. Rates remain competitive compared to San Francisco but reflect strong demand and limited inventory in the market.
Are there zoning restrictions for commercial properties in Millbrae? +
Yes, Millbrae maintains specific zoning regulations governing commercial property uses. Downtown areas allow mixed-use development, while other zones restrict operations to particular industries. Businesses must obtain proper permits and comply with land-use ordinances. Professional zoning consultation ensures proposed uses comply with municipal codes. City planners provide guidance on permitting requirements before purchase.
What financing options are available for commercial property purchases? +
Commercial properties qualify for specialized financing including SBA loans, commercial mortgages, and investment property loans typically requiring 20-30% down payments. Interest rates depend on property type, tenant stability, and financial qualifications. Banks and commercial lenders offer various terms from 5-30 years. Experienced brokers recommend pre-approval establishing clear financing parameters before searching properties.

Nearby Cities

San MateoWoodsideDaly CityPacificaSouth San FranciscoEast Palo AltoRedwood CityColmaBelmontFoster CitySan BrunoHalf Moon Bay

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