Prime Midtown Palo Alto
For Lease
$7,380/Mo NNN (Triple Net)
706 Colorado Ave, Palo Alto, CA 94303
Retail/service space in Palo Alto's Midtown neighborhood.
Space SizeContact for details
Property Size1,200 SF
Days on Market117
Property Features for 706 Colorado Ave
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Building Details
Year Built
1954
Listing Agency:
Bay East Brokers Inc
(925) 202-7027
Listed By:
Harmit S Toor · License #02007516
(925) 202-7027
Source:
Elliman
Added: Apr 15
Changed: Aug 8
Last Checked: Aug 8 at 12:51PM
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 Bay East Brokers Inc
Investment Insights
Based on property information with market context.
Located in the heart of Palo Alto’s Midtown neighborhood, this commercial space offers approximately 1,200 square feet under a Triple Net (NNN) lease agreement. The property is zoned C2S (Service Commercial) and is suitable for retail, office, or service-oriented businesses. The location benefits from high visibility on a corner lot, steady foot traffic, and street frontage within a walkable community. Situated in an affluent residential/mixed-use area, the property is near the Midtown Shopping Center. It provides access to Middlefield Rd, Oregon Expwy, and Silicon Valley transit/employment hubs. The location is within the Palo Alto Unified School District. The bike score is 100, indicating it is a biker's paradise. The walk score is 87, indicating it is very walkable, and the transit score is 46, indicating some transit options are available.
Key Highlights
- Prime Midtown Palo Alto location with high visibility and excellent street frontage.
- Located in a vibrant, walkable community with steady foot traffic.
- Strategic access to Middlefield Rd, Oregon Expwy, and Silicon Valley transit/employment hubs.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
Explore this area
Business Placement
Demographics for 94303, CA
48,281
Population
15,927
Households
3
Avg Household Size
35
Median Age
48%
College-Educated
85%
High-School Grad
8.4 sq mi
ZIP Area
5,748
Density / Sq Mi
$148,031
Median Household Income
$55,788
Median Earnings
$2,710
Median Rent
$1,825,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail/service space in Palo Alto's Midtown neighborhood.
Where is this retail space located?
The property is located at 706 Colorado Ave Palo Alto, CA.
What is the lease rate?
The lease rate is $7,380/Mo.
What are key features of this property?
This property features: Prime Midtown Palo Alto location with high visibility and excellent street frontage.; Located in a vibrant, walkable community with steady foot traffic.; Strategic access to Middlefield Rd, Oregon Expwy, and Silicon Valley transit/employment hubs.
