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New Mixed-Use Development Retail Space
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388 Cambridge Avenue, Palo Alto, CA 94306

Premier retail and office space in vibrant Palo Alto location.

Space Size1,083 SF - 2,335 SF
Days on Market281

Property Features for 388 Cambridge Avenue

General Information

Standard status Active
Size 1,083 SF - 2,335 SF
Property subtype Retail

Spaces For Lease

at 388 Cambridge Avenue Contact us

Suite101

Size
1,083 SF
Type
Retail
Availability
Available
♦ 1,083 rentable; 998 usable SF ♦ Frontage: Approximately 40’ on Cambridge...
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Contact us

Suite 102

Size
2,335 SF
Type
Retail
Availability
Available
♦ 2,335 rentable SF; 2,153 usable ♦ Frontage: Approximately 75’ on Cambridge...
show more
Contact us
Listing Agency: CBRE | San Francisco
Listed By: Alex Sagues · License #02055525
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 25 Last Checked: Aug 29 at 7:00AM

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 | San Francisco

Investment Insights

Based on property information with market context.

This premier mixed-use development at 388 Cambridge Ave. features 30,000 square feet of space, including two floors of Class A office space above two ground-floor retail spaces. The property's design incorporates a classic brick and metal facade, complemented by bronzed gold signage and fixtures. The building aims to achieve LEED Platinum certification and net-zero energy usage. Located one block from the California Street shopping and dining area, the property benefits from high foot traffic and convenient access to local amenities. Ample parking and proximity to public transportation enhance accessibility for both customers and staff. This location is suitable for retailers seeking to engage with Palo Alto’s dynamic retail environment.

Key Highlights

  • Premier mixed‑use development with Class A office and retail spaces.
  • Located one block from the California Avenue shopping and dining corridor.
  • Sustainable design targeting LEED Platinum and net‑zero energy certification.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith

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

2,429
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

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?
Retail space - Premier retail and office space in vibrant Palo Alto location.
Where is this retail space located?
The property is located at 388 Cambridge Avenue Palo Alto, CA.
What are key features of this property?
This property features: Premier mixed‑use development with Class A office and retail spaces.; Located one block from the California Avenue shopping and dining corridor.; Sustainable design targeting LEED Platinum and net‑zero energy certification.
More about this property
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