Listing Agency: l***@cbre.com Show Phone

Listed By: Larry Tanji · License #1027860 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 25 Last Checked: Aug 29 at 7:08AM

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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 Larry Tanji

Investment Insights

Based on property information with market context.

Portside Plaza offers approximately 21,000 square feet of retail space. The plaza is designed to provide vibrant retail and restaurant spaces, featuring waterside shopping and dining around a central courtyard. Strategically located along a bike path and promenade, the shops, cafes, and restaurants are positioned to benefit from the surrounding environment. Available spaces range from 1,000 to 5,000 square feet. The location is adjacent to the Portside marina, a public boat launch, the Portside promenade, a park, and a bicycle path, creating a central gathering spot.

Key Highlights

• Waterside shopping and dining experience
• Located along a picturesque bike path and promenade
• Expansive outdoor plaza for gathering

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

5,272

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail and restaurant spaces in vibrant waterfront plaza.

Where is this shopping center located?

The property is located at 1196 Portside Dr Palo Alto, CA.

What are key features of this property?

This property features: Waterside shopping and dining experience; Located along a picturesque bike path and promenade; Expansive outdoor plaza for gathering