Downtown Palo Alto Retail/Office
For Lease
$43,601
353 University Ave, Palo Alto, CA 94301
Prime University Avenue location suitable for retail or office.
Space SizeContact for details
Lot Size0.14 Acres
Days on Market158
Property Features for 353 University Ave
General Information
Standard status
Active
Lot size
0.14 Acres
Property subtype
Commercial
Building Details
Year Built
1972
Stories
1
Listing Agency:
Rajendra Naidoo
(650) 758-8695
Listed By:
Rajendra Naidoo · License #01160416
(650) 758-8695
Source:
Elliman
Added: Mar 10
Changed: Aug 10
Last Checked: Aug 10 at 1:29PM
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 Rajendra Naidoo
Investment Insights
Based on property information with market context.
Located in downtown Palo Alto on University Avenue and Florence, this unit offers over 6,014 square feet suitable for high tech offices, retail, restaurant, or financial services. The property benefits from high foot traffic and is situated near the Apple Store, Brandy Melville, Salt & Straw, CVS Pharmacy, Crepevine, The RealReal, Rooh, IL Fornaio, and Chico's Pizza My Heart. The location is close to Stanford University and Medical, as well as Palo Alto City Hall. The unit includes two restrooms, five offices, and a large main area.
Key Highlights
- Prime downtown Palo Alto location on University Avenue and Florence.
- High foot traffic area.
- Versatile 6,014 sq. ft. unit suitable for various businesses.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,043
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
$9.31 /SF/Yr
Avg Asking Price
$5.95–$22.02 /SF/Yr
Price Range
9,037 SF
Avg Space Size
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Prime University Avenue location suitable for retail or office.
Where is this office units located?
The property is located at 353 University Ave Palo Alto, CA.
What is the lease rate?
The lease rate is $43,601.
What are key features of this property?
This property features: Prime downtown Palo Alto location on University Avenue and Florence.; High foot traffic area.; Versatile 6,014 sq. ft. unit suitable for various businesses.
