Palo Alto, CA Flex Space for Lease
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Palo Alto, CA Flex space Lease Rates & Market Statistics
Browse 15 Flex space listings for lease in Palo Alto, CA on Realmo, a commercial real estate marketplace serving the Palo Alto area. The current inventory totals 326,650 square feet of properties — an average of ~21,800 SF per listing.
Flex space lease rates in Palo Alto range from $7 SF/Yr at the entry level to $78 SF/Yr at the top of the market, averaging $38.13 SF/Yr. That's a 11x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $38.13 SF/Yr is 85% above the California state average of $20.65 SF/Yr.
Palo Alto accounts for 5% of the 309 flex space listings currently available across Santa Clara County, where nearby markets include San Jose and Santa Clara. Flex space listings make up 71% of the 21 Industrial properties currently for lease in Palo Alto, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Other industrial properties (6 listings) elsewhere in the Palo Alto market.