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Ground-Floor Retail in Office Building
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400 Hamilton Avenue, Palo Alto, CA 94301

Ground-floor retail space in a Class A office building with private surface parking.

Space SizeContact for details
Days on Market96

Property Features for 400 Hamilton Avenue

General Information

Standard status Active
Class A
Total Parking Spaces 46
Property subtype Office

Site & Location

Neighborhood University South
Listing Agency: CBRE | Palo Alto
Listed By: Westy Rose · License #01989147
Source: Cbre
Added: Jul 25 Changed: Oct 26 Last Checked: Oct 26 at 2:34PM

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 | Palo Alto

Rey
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Investment Insights

Based on property information with market context.

This ground-floor retail space is located within a Class A office building and is being offered for rent for the first time since 1984. The property includes private on-site parking, served by a surface lot with 46 stalls.

Positioned in Downtown Palo Alto, the building is approximately four blocks from Caltrain and offers close proximity to Stanford University.

The offering consists of approximately 8,500 square feet.

Key Highlights

  • Ground‑floor retail space located in a Class A office building
  • Private on‑site parking with a 46‑stall surface lot
  • Downtown Palo Alto location, 4 blocks from Caltrain

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Hercules Capital, Inc. Bank Ambassadors for Lucile Packard ... Hospital Lucile Packard Foundation ... Charitable Organization De Novo Ventures ... Insurance Agency Wells Fargo Bank Bank

Suggested Use

Top Pick Food Market Barber Shop Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility

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

5,272
Businesses Nearby

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space in a Class A office building with private surface parking.
Where is this retail space located?
The property is located at 400 Hamilton Avenue Palo Alto, CA.
What are key features of this property?
This property features: Ground‑floor retail space located in a Class A office building; Private on‑site parking with a 46‑stall surface lot; Downtown Palo Alto location, 4 blocks from Caltrain
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