Spaces For Lease

at 5120-5126 Ralston St

5120 Ralston St $1.25/SF/Mo

Size 15,540 SF

Type INDUSTRIAL

Lease Type MODIFIED_GROSS

Availability AVAILABLE, Now

Sublease No

Walker Ralston Square Corner Unit Easy Freeway Access Two-Story Office Full HVAC in Warehouse

Contact us

Listing Agency: CBRE, Inc Show Phone

Listed By: Jim Meaney · License #01360121 Show Phone

Source: Moodyscre

Added: Nov 24, 2025 Changed: Oct 15 Last Checked: Oct 15 at 1:58AM

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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, Inc

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Investment Insights

Based on property information with market context.

This offering presents a multi-tenant industrial investment opportunity featuring two buildings. The property benefits from an excellent location with frontage on the 101 Freeway. The property is a leased investment with a mix of industrial, office, and retail tenants.

Key Highlights

• Excellent location with 101 Freeway frontage
• Leased investment
• Below replacement costs

Property Analytics

Current Use

Industrial properties

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

Explore this area Business Placement

Market

Lease Benchmarks for Palo Alto, CA

$38.13 /SF/Yr

Avg Asking Price

$7–$78 /SF/Yr

Price Range

22,094 SF

Avg Space Size

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - Two-building industrial property with freeway frontage and diverse tenants.

Where is this industrial property located?

The property is located at 5120-5126 Ralston St Palo Alto, CA.

What are key features of this property?

This property features: Excellent location with 101 Freeway frontage; Leased investment; Below replacement costs