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625 Emerson Street

Size

3,987 SF

Type

Office Building

Term

Negotiable

Rate

Contact for pricing

Contact us

Listing Agency: Newmark | San Jose j***@nmrk.com Show Phone

Listed By: Jon Cannon · License #CA RE #01836599

Source: Nmrk

Added: Jan 27 Changed: Aug 27 Last Checked: Aug 28 at 7:34AM

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Investment Insights

Based on property information with market context.

Located in downtown Palo Alto, this Class A historic building offers office space for rent. The available space encompasses 3,987 square feet on the second and third floors.

Key Highlights

• Prime Downtown Palo Alto Location
• 3,987 Square Feet of Space
• Class A Building

Property Analytics

Property Profile

Current Use

Office Units

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

4,540

Businesses Nearby

Explore this area Business Placement

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

Market

Lease Benchmarks for Palo Alto, CA

$9.42 /SF/Yr

Avg Asking Price

$5.75–$22.02 /SF/Yr

Price Range

8,566 SF

Avg Space Size

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

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Frequently Asked Questions

What type of property is this?

Office units - Class A historic building with office space for rent.

Where is this office units located?

The property is located at Palo Alto, CA.

What are key features of this property?

This property features: Prime Downtown Palo Alto Location; 3,987 Square Feet of Space; Class A Building