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Office Suite for Lease

116 University Ave, Palo Alto, CA 94301

For Lease
Contact for pricing

Office suite at 116 University Ave offers approximately 3,364 to 3,626 square feet for lease.

Space Size3,364 SF
Days on Market659

Property Features for 116 University Ave

General Information

Standard status Active
Size 3,364 SF
Net Rentable 3,364 SF
Property subtype OFFICE

Space & Availability

Available Space 3,364-3,626 SF
Space Use Office

Site & Location

Neighborhood Professorville

Spaces For Lease

at 116 University Ave
116 University Ave AVAILABLE, Now
Floor 1
Size 3,364 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Now available for lease, office 116 University located at 116 University Ave Palo Alto, California 94301. - Available square footage 3,364 - 3,626 SF. - Please contact us for further information.
Contact us
Listing Agency: JLL | Silicon Valley
Listed By: Bret Yerkovich · License #01916826
Source: Moodyscre
Added: Jan 20, 2025 Changed: Nov 7 Last Checked: Nov 8 at 6:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | Silicon Valley

Rey
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Investment Insights

Based on property information with market context.

Now available for lease, this office suite at 116 University Ave offers space in the 3,364 to 3,626 square-foot range. The offering is identified as Office 116 University, and prospective tenants should contact the leasing team for additional information.

Located at 116 University Ave in Palo Alto, California, the space is positioned for businesses seeking a centrally addressed office setting within the city.

The listed availability is based on the stated square footage range, and no further specifics are provided regarding layout or improvements.

Key Highlights

  • Now available for lease: office suite at 116 University Ave, Palo Alto, CA 94301
  • Leasable area: 3,364 to 3,626 SF

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bellomo Architects Architect Epiphan Video Electronics & Wireless Store Global Liquid Markets (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Barber Shop Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,351
Businesses Nearby

Demographics for 94301, CA

17,299
Population
8,220
Households
2.1
Avg Household Size
44
Median Age
83%
College-Educated
96%
High-School Grad
2.4 sq mi
ZIP Area
7,208
Density / Sq Mi
$235,529
Median Household Income
$136,514
Median Earnings
$3,290
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Palo Alto, CA

$7.41 /SF/Yr
Avg Asking Price
$5.5–$11.63 /SF/Yr
Price Range
10,690 SF
Avg Space Size

Properties on Market for Office Units in Palo Alto

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office suite at 116 University Ave offers approximately 3,364 to 3,626 square feet for lease.
Where is this office unit located?
The property is located at 116 University Ave Palo Alto, CA.
What are key features of this property?
This property features: Now available for lease: office suite at 116 University Ave, Palo Alto, CA 94301; Leasable area: 3,364 to 3,626 SF
(650) 480-2229 · Office Call to check price and availability
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