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Downtown Palo Alto Office Space
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640 Waverley Street Palo, Palo Alto, CA 94301

Office spaces available in downtown Palo Alto, suitable for various uses.

Space Size1,161 SF
Days on Market216

Property Features for 640 Waverley Street Palo

General Information

Standard status Active
Size 1,161 SF
Property subtype Office

Spaces For Lease

at 640 Waverley Street Palo Contact us

Partial 1st

Size
1,161 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Shannon Rollings Real Estate
Listed By: Carter Lyman · License #CA Re #02067725
Source: Nmrk
Added: Jan 27 Changed: Aug 8 Last Checked: Apr 5 at 11:37PM

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 Shannon Rollings Real Estate

Investment Insights

Based on property information with market context.

Office spaces are available for rent in downtown Palo Alto. The available spaces measure approximately 1,161 square feet and 553 square feet. The units can be combined for a total of approximately 1,714 square feet. The property is located at 640 Waverley Street, Palo Alto, CA 94301.

Key Highlights

  • Located in Downtown Palo Alto
  • Total of ±1,714 SF available when combined
  • ±1,161 SF Available

Property Analytics

Current Use

Cohere (Bike/Boat/Book/etc) Store Starnel Consultant

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

Market

Lease Benchmarks for Palo Alto, CA

$9.42 /SF/Yr
Avg Asking Price
$5.75–$22.02 /SF/Yr
Price Range
8,566 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
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Frequently Asked Questions

What type of property is this?
Office units - Office spaces available in downtown Palo Alto, suitable for various uses.
Where is this office units located?
The property is located at 640 Waverley Street Palo Palo Alto, CA.
What are key features of this property?
This property features: Located in Downtown Palo Alto; Total of ±1,714 SF available when combined; ±1,161 SF Available
More about this property
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