Class A Office Space
For Lease
$9.95 SF/Yr
431 Waverley Street, Palo Alto, CA 94301
Prime downtown Palo Alto office space for lease.
Space SizeContact for details
Property Size15,599 SF
Days on Market260
Property Features for 431 Waverley Street
General Information
Standard status
Active
Size
15,599 SF
Property subtype
Office
Listing Agency:
CBRE | San Jose
(408) 453-7455
Listed By:
Chris Shepherd · License #01707888
(408) 453-7455
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 6
Last Checked: Aug 8 at 2:56AM
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 Jose
Investment Insights
Based on property information with market context.
This Class A office space offers 15,599 square feet. The property features a large central breakroom and a secure private outdoor patio space. It is located in a prime downtown Palo Alto location, within a highly amenitized area. The building offers prominent top signage. The location is adjacent to a city parking lot and is a 5-minute walk to the Caltrain station. This space is ideal for professional service or tech users.
Key Highlights
- Prime Downtown Palo Alto Location
- 15,599 SF of Class A Office Space
- 5‑Minute Walk to Caltrain Station
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.49 /SF/Yr
CAM
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
$9.11 /SF/Yr
Avg Asking Price
$5.95–$22.02 /SF/Yr
Price Range
9,176 SF
Avg Space Size
This space is priced 9% above the average of $9.11 /SF/Yr.
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 downtown Palo Alto office space for lease.
Where is this office units located?
The property is located at 431 Waverley Street Palo Alto, CA.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Palo Alto Location; 15,599 SF of Class A Office Space; 5‑Minute Walk to Caltrain Station
