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Office Units with Open Air Courtyard
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445 Sherman Ave, Palo Alto, CA 94306

New open-plan interiors with exposed ceilings and a recently renovated exterior featuring an outdoor courtyard and seating.

Space Size2,050 SF
Days on Market1360

Property Features for 445 Sherman Ave

General Information

Standard status Active
Size 2,050 SF
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

courtyard
outdoor seating

Spaces For Lease

at 445 Sherman Ave Contact us

445 Sherman Ave

Floor
1
Size
2,050 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Room for growth in the building - New interiors - open plan with exposed ceilings...
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Listing Agency: CBRE | Palo Alto
Listed By: Patrick Reilly · License #01944499
Source: Moodyscre
Added: Nov 18, 2022 Changed: Aug 8 Last Checked: Aug 8 at 2:12PM

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 CBRE | Palo Alto

Investment Insights

Based on property information with market context.

Office units at 445 Sherman Ave offer new interior finishes with an open-plan layout and exposed ceilings, designed for flexible workplace arrangements. The exterior has been recently renovated, with an open air courtyard and outdoor seating that provides an additional area for tenants and guests.

The property is about 3 blocks to Caltrain, supporting convenient commuting for employees. It also provides immediate access to California Ave restaurants and other nearby amenities.

With 2,050 square feet, these office units can support a variety of office tenant needs within a setting that includes both indoor work space and an outdoor common area.

Key Highlights

  • 2,050 SF office units
  • New interiors with an open‑plan layout and exposed ceilings
  • Recently renovated exterior

Property Analytics

Current Use

Anna Tran NP Physician Xage Security, Inc. (Bike/Boat/Book/etc) Store Andrikopoulos Chiochios Accountants Accounting Firm Hawley Peterson & Snyder ... Interior Designer Call9 Medical Clinic

Suggested Use

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

2,615
Businesses Nearby

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

$9.11 /SF/Yr
Avg Asking Price
$5.95–$22.02 /SF/Yr
Price Range
9,176 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 - New open-plan interiors with exposed ceilings and a recently renovated exterior featuring an outdoor courtyard and seating.
Where is this office units located?
The property is located at 445 Sherman Ave Palo Alto, CA.
What are key features of this property?
This property features: 2,050 SF office units; New interiors with an open‑plan layout and exposed ceilings; Recently renovated exterior
(925) 324-1690 Call to check price and availability
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