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Palo Alto Office Space Available
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385 Sherman Ave, Palo Alto, CA

Office space with extensive glazing and natural light for rent.

Space Size22,000 SF - 63,618 SF
Lot Size0.62 Acres
Days on Market336

Property Features for 385 Sherman Ave

General Information

Standard status Active
Size 22,000 SF - 63,618 SF
Lot size 0.62 Acres
Property subtype OFFICE

Spaces For Lease

at 385 Sherman Ave Contact us

385 Sherman Ave AVAILABLE, Now

Floor 1-3
Size 63,618 SF
Type OFFICE
Rate Contact for pricing
Lease Type NNN
Sublease No
- Extensive floor-to-ceiling glazing - 2,000 amps at 277/408 - Kitchen / kitchenettes - Abundant natural light via full height windows - Extensive window-line - 4-unit corporate housing available - Additional 627-space parking garage across the street - Ev charging stations - Covered outdoor meeting areas on 2nd floor
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Mayfield Office Building AVAILABLE, Now

Floor 1
Size 22,000 SF
Type OFFICE
Rate Contact for pricing
Sublease Yes
- Large conference center (70+ seats) - Large secured reception - 11 Small/Medium conference rooms - Kitchenette - Public transportation - <.5 miles to California Station - Highway access - 101, 280 - HVAC - 110 Tons - LEED certified - Gold - Conference room - Kitchen/Kitchenette - +/-63,618 RSF - Divisible by floor to approximately +/-22,000 RSF - Fully Plug and Play opportunity available immediately - Covered dedicated parking - Walking distance to California Ave amenities and Caltrain station - Building signage opportunities - Large outdoor 3rd floor patio - LED: 4/30/2029 - 63,618 SF office building with 4 residential units in the back totaling 4,356 SF. 1,593 SF of balcony space is leased for public art display. - Divisible-Contiguous-22,000 - 63,618
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Mayfield Office Building AVAILABLE, Now

Floor 3
Size 22,000 SF
Type OFFICE
Rate Contact for pricing
Sublease Yes
- Large kitchen connected to large outdoor patio - 12 Small/Medium conference rooms - Public transportation - <.5 miles to California Station - Highway access - 101, 280 - HVAC - 110 Tons - LEED certified - Gold - Conference room - Kitchen/Kitchenette - +/-63,618 RSF - Divisible by floor to approximately +/-22,000 RSF - Fully Plug and Play opportunity available immediately - Covered dedicated parking - Walking distance to California Ave amenities and Caltrain station - Building signage opportunities - Large outdoor 3rd floor patio - LED: 4/30/2029 - 63,618 SF office building with 4 residential units in the back totaling 4,356 SF. 1,593 SF of balcony space is leased for public art display. - Divisible-Contiguous-22,000 - 63,618
Contact us

Mayfield Office Building AVAILABLE, Now

Floor 2
Size 22,000 SF
Type OFFICE
Rate Contact for pricing
Sublease Yes
- Large kitchen - 9 Small/Medium conference rooms - Accessible deck space - Public transportation - <.5 miles to California Station - Highway access - 101, 280 - HVAC - 110 Tons - LEED certified - Gold - Conference room - Kitchen/Kitchenette - +/-63,618 RSF - Divisible by floor to approximately +/-22,000 RSF - Fully Plug and Play opportunity available immediately - Covered dedicated parking - Walking distance to California Ave amenities and Caltrain station - Building signage opportunities - Large outdoor 3rd floor patio - LED: 4/30/2029 - 63,618 SF office building with 4 residential units in the back totaling 4,356 SF. 1,593 SF of balcony space is leased for public art display. - Divisible-Contiguous-22,000 - 63,618
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Listing Agency: Cushman & Wakefield | Palo Alto
Listed By: David Hiebert
Source: Moodyscre
Added: Nov 13, 2025 Changed: Oct 11 Last Checked: Oct 15 at 2:28AM

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 Cushman & Wakefield | Palo Alto

Rey
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Investment Insights

Based on property information with market context.

This Palo Alto office space features extensive floor-to-ceiling glazing and abundant natural light via full-height windows. The property offers 2,000 amps at 277/408 and includes kitchen and kitchenette facilities. A 4-unit corporate housing option is available. Additional parking is provided by a 627-space parking garage located across the street. The property also features EV charging stations and covered outdoor meeting areas on the 2nd floor. The property size is 63,618 square feet.

Key Highlights

  • Abundant natural light via full height windows and extensive window‑line
  • Additional 627‑space parking garage across the street
  • 2,000 amps at 277/408

Property Analytics

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Current Use

Psi Systems Inc Construction Company Thompson Barry R Law Firm

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service Butcher Grocery & Convenience Store

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

2,400
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Palo Alto, CA

$7.61 /SF/Yr
Avg Asking Price
$5.5–$11.63 /SF/Yr
Price Range
10,334 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

Frequently Asked Questions

What type of property is this?
Office units - Office space with extensive glazing and natural light for rent.
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: Abundant natural light via full height windows and extensive window‑line; Additional 627‑space parking garage across the street; 2,000 amps at 277/408
(650) 320-0250 Call to check price and availability
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