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Office Units with Lab Shell
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3450 Hillview Ave, Palo Alto, CA 94304

TI-ready laboratory space is available now with parking and access to a Marguerite Shuttle stop.

Space Size11,486 SF - 31,386 SF
Days on Market127

Property Features for 3450 Hillview Ave

General Information

Standard status Active
Size 11,486 SF - 31,386 SF
Net Rentable 11,486 SF
Property subtype OFFICE

Space & Availability

Available Space 11,486-31,386 SF
Contiguous Space 31,386 SF
Divisible Yes
Condition Shell
Available From Immediate

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

expansive views of the Palo Alto hills

Building Details

Parking Ratio 3 per 1,000 SF
Listing Agency: JLL | Silicon Valley
Listed By: Cole Smith · License #01916826
Source: Moodyscre
Added: Mar 31 Changed: Jul 31 Last Checked: Aug 3 at 1:50PM

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

Investment Insights

Based on property information with market context.

TI-ready laboratory shell space is available now within an office property, with additional laboratory and office tenant improvements available to qualified tenants. The property offers parking at a ratio of 3 spaces per 1,000 square feet and expansive views of the Palo Alto hills.

The property is located on Hillview Ave in Palo Alto, with easy access to Highway 280. A Marguerite Shuttle stop provides service to California Avenue and Downtown Palo Alto, connecting the property with nearby commercial areas.

Key Highlights

  • TI‑ready laboratory shell available now
  • Additional laboratory and office TIAs available to qualified tenants
  • Parking ratio of 3/1000

Property Analytics

Current Use

SAP (Building 4 ... Corporate Office

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Building Supply Big Box & Wholesale Store HVAC Service

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby

Demographics for 94304, CA

4,569
Population
2,490
Households
1.8
Avg Household Size
37
Median Age
82%
College-Educated
99%
High-School Grad
4.8 sq mi
ZIP Area
952
Density / Sq Mi
$162,569
Median Household Income
$84,929
Median Earnings
$3,496
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 - TI-ready laboratory space is available now with parking and access to a Marguerite Shuttle stop.
Where is this office units located?
The property is located at 3450 Hillview Ave Palo Alto, CA.
What are key features of this property?
This property features: TI‑ready laboratory shell available now; Additional laboratory and office TIAs available to qualified tenants; Parking ratio of 3/1000
(650) 480-2230 Call to check price and availability
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