Plug-and-Play LEED Gold Office
For Lease
Contact for pricing
385 Sherman Ave, Palo Alto, CA 94306
LEED Gold office suite with multiple conference rooms, large kitchen, and covered dedicated parking, divisible for flexible occupancy.
Property Size22,000 SF
Days on Market1016
Property Features for 385 Sherman Ave
General Information
Standard status
Active
Size
22,000 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
large kitchen
conference rooms
public transportation
highway access
HVAC - 110 tons
LEED certified - Gold
kitchen/kitchenette
covered dedicated parking
large outdoor 3rd floor patio
building signage opportunities
walking distance to California Ave amenities
Listing Agency:
Colliers | San Mateo
(650) 486-2234
Listed By:
Luke Wilson
(805) 252-2460
Source:
Moodyscre
Added: Oct 19, 2023
Changed: Jul 25
Last Checked: Jul 30 at 10:50AM
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 Colliers | San Mateo
Investment Insights
Based on property information with market context.
This plug-and-play office suite is offered immediately and features large kitchen service space connected to a large outdoor 3rd-floor patio, plus approximately 12 small-to-medium conference rooms. HVAC is listed at 110 tons, and the building is LEED certified at the Gold level. The property is divisible-contiguous from approximately 22,000 RSF up to approximately 63,618 RSF, with kitchen and conference room configurations intended to support day-to-day operations.
Convenient access is indicated via public transportation, with California Station noted as less than 0.5 miles away, and highway access to 101 and 280. Covered dedicated parking is available, and building signage opportunities are referenced.
The overall building totals approximately 63,618 RSF and includes four residential units in the back totaling 4,356 SF. Balcony space of approximately 1,593 SF is leased for public art display.
Convenient access is indicated via public transportation, with California Station noted as less than 0.5 miles away, and highway access to 101 and 280. Covered dedicated parking is available, and building signage opportunities are referenced.
The overall building totals approximately 63,618 RSF and includes four residential units in the back totaling 4,356 SF. Balcony space of approximately 1,593 SF is leased for public art display.
Key Highlights
- +/-63,618 RSF office building with space divisible contiguously down to approximately +/-22,000 RSF
- LEED Gold certified; HVAC rated at 110 tons
- Suite includes a large kitchen connected to a large outdoor patio
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,400
Businesses Nearby
Explore this area
Business Placement
Demographics for 94306, CA
28,659
Population
11,853
Households
2.4
Avg Household Size
41
Median Age
81%
College-Educated
96%
High-School Grad
4.1 sq mi
ZIP Area
6,990
Density / Sq Mi
$186,479
Median Household Income
$112,500
Median Earnings
$2,927
Median Rent
$2,000,001
Median Home Value
Market
Lease Benchmarks for Palo Alto, CA
$10.33 /SF/Yr
Avg Asking Price
$6.5–$22.02 /SF/Yr
Price Range
17,292 SF
Avg Space Size
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - LEED Gold office suite with multiple conference rooms, large kitchen, and covered dedicated parking, divisible for flexible occupancy.
Where is this office units located?
The property is located at 385 Sherman Ave Palo Alto, CA.
What are key features of this property?
This property features: +/-63,618 RSF office building with space divisible contiguously down to approximately +/-22,000 RSF; LEED Gold certified; HVAC rated at 110 tons; Suite includes a large kitchen connected to a large outdoor patio
