Retail Space with Office
For Lease
$43,601
353 University AVE, Palo Alto, CA 94301
Commercial Lease/Rental, PALO ALTO, CA
Space Size6,014 SF
Lot Size0.14 Acres
Days on Market89
Property Features for 353 University AVE
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Parking features
Offsite
Subdivision
Downtown Palo Alto
Standard status
Active
Lot size
0.14 Acres
Utilities
Cooling system
Central Air
Amenities
two restrooms
five offices
Large main area
Building Details
Year built
1972
Roof type
Tar/Gravel
Listing Agency:
Tavena Realty Group
(650) 758-8695
Listed By:
Rajendra Naidoo · License #01160416
(650) 758-8695
Added: Jun 3
Changed: Aug 20
Last Checked: Aug 30 at 4:06AM
MLS# ML82019216
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Investment Insights
Based on property information with market context.
This 6,014-square-foot retail space occupies a 1972-built commercial property with a flexible interior arrangement. The suite includes five offices, two restrooms, and a substantial central area that can accommodate a range of retail or office configurations. Central air conditioning supports the premises, while the roof is finished with tar and gravel.
The property is positioned on University Avenue at Florence in Palo Alto, with nearby businesses including Apple Store, Brandy Melville, Salt & Straw, CVS Pharmacy, Crepevine, The RealReal, Rooh, IL Fornaio, Chico’s, Pizza My Heart, and Chico’s. Stanford University and Medical, along with Palo Alto City Hall, are also close by. Parking is provided offsite.
The property is positioned on University Avenue at Florence in Palo Alto, with nearby businesses including Apple Store, Brandy Melville, Salt & Straw, CVS Pharmacy, Crepevine, The RealReal, Rooh, IL Fornaio, Chico’s, Pizza My Heart, and Chico’s. Stanford University and Medical, along with Palo Alto City Hall, are also close by. Parking is provided offsite.
Key Highlights
- 6,014‑square‑foot retail space at University Avenue and Florence
- Interior includes five offices, two restrooms, and a large main area
- Central air conditioning
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Five offices, two restrooms, and a broad central area support varied commercial layouts.
Where is this retail space 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: 6,014‑square‑foot retail space at University Avenue and Florence; Interior includes five offices, two restrooms, and a large main area; Central air conditioning
