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Palo Alto Industrial/R&D Space
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977 Commercial St, Palo Alto, CA 94303

6,100 SF industrial/R&D space available for lease.

Space Size3,050 SF
Property Size6,100 SF
Days on Market473

Property Features for 977 Commercial St

General Information

Standard status Active
Size 3,050 SF
Property subtype Retail, Industrial
Lease Type NNN

Building Details

Building Size 6,100 SF
Tenancy Multiple

Spaces For Lease

at 977 Commercial St Contact us

979

Size
3,050 SF
Type
Industrial, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Peninsula Land & Capital
Listed By: Parker Fields · License #CA 02129594
Source: Crexi
Added: Apr 26, 2025 Changed: Aug 8 Last Checked: Aug 10 at 3:27AM

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 Peninsula Land & Capital

Investment Insights

Based on property information with market context.

Located at 977 Commercial Street in Palo Alto, CA, this property offers a 6,100 square foot facility available for lease. The property is suitable for industrial and R&D purposes.

Key Highlights

  • Prime industrial/R&D facility.
  • Located in Palo Alto, CA.
  • 6,100 square foot facility.

Property Analytics

Current Use

Teleme Networks IT Consulting Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Hair Salon Pharmacy Law Firm

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
$7.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,480
Businesses Nearby
Balanced
Demand for This Use

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

Lease Benchmarks for Palo Alto, CA

$41.76 /SF/Yr
Avg Asking Price
$7–$78 /SF/Yr
Price Range
15,100 SF
Avg Space Size

This space is priced 22% above the average of $41.76 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Deja Vu Bakery & Catering 3921 Fabian Way, Palo Alto, CA 94303
  • Schumann's Four Seasons Cater 2580 Wyandotte St STE C, Mountain View, CA 94043
  • New Caterer 2301 Amphitheatre Pkwy, Mountain View, CA 94043

Frequently Asked Questions

What type of property is this?
Flex space - 6,100 SF industrial/R&D space available for lease.
Where is this flex space located?
The property is located at 977 Commercial St Palo Alto, CA.
What is the lease rate?
The lease rate is $51 SF/Yr.
What are key features of this property?
This property features: Prime industrial/R&D facility.; Located in Palo Alto, CA.; 6,100 square foot facility.
(650) 207-1610 Call to check price and availability
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