Listing Agency: CBRE | Palo Alto

Listed By: Westy Rose · License #01989147 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Sep 8 Last Checked: Sep 11 at 6:40AM

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Investment Insights

Based on property information with market context.

Available for lease is an office space located in Palo Alto, California. The property offers 2345 square feet of space. The listing price is $7.5.

Key Highlights

• Office space for lease
• Located in Palo Alto, California

Property Analytics

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Current Use

Robert Trent Jones ... Construction Company

Suggested Use

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

$1.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,889

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

$7.85 /SF/Yr

Avg Asking Price

$5.5–$12 /SF/Yr

Price Range

10,145 SF

Avg Space Size

This space is priced 2% above the average of $7.85 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space for lease in Palo Alto, California.

Where is this office units located?

The property is located at 705 Forest Avenue Palo Alto, CA.

What is the lease rate?

The lease rate is $8 SF/Yr.

What are key features of this property?

This property features: Office space for lease; Located in Palo Alto, California