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Open-Plan Office Units

991 Commercial St, Palo Alto, CA 94303

For Lease
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Open office layout with reserved parking and fire-sprinkler protection.

Space Size4,700 SF
Days on Market100

Property Features for 991 Commercial St

General Information

Standard status Active
Size 4,700 SF
Total Parking Spaces 16
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood Palo Verde

Additional Details

Space Use Office
Sprinkler System Yes

Spaces For Lease

at 991 Commercial St
991 Commercial St $2.99/SF/Yr
Floor Bldg
Size 4,700 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- 15 Reserved and 1 Handicap Parking Spaces - Fully Sprinkled - Open Offices
Contact us
Listing Agency: Sequoia Realty Service
Listed By: Anthony Kamm · License CA #01783456
Source: Moodyscre
Added: Aug 7 Changed: Nov 8 Last Checked: Nov 12 at 10:19AM

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 Sequoia Realty Service

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 4,700-square-foot office property at 991 Commercial St in Palo Alto provides an open office configuration suited to flexible workspace planning. The building is fully sprinklered and includes 15 reserved parking spaces plus 1 handicap parking space.

Key Highlights

  • 4,700 square feet of office space
  • Open office configuration
  • 15 reserved parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bright Horizons at Palo ... Daycare Center The Wonder Years Palo ... High School

Suggested Use

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

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

Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,480
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Palo Alto, CA

$7.5 /SF/Yr
Avg Asking Price
$5.5–$11.63 /SF/Yr
Price Range
10,753 SF
Avg Space Size

Properties on Market for Office Units in Palo Alto

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Open office layout with reserved parking and fire-sprinkler protection.
Where is this office unit located?
The property is located at 991 Commercial St Palo Alto, CA.
What are key features of this property?
This property features: 4,700 square feet of office space; Open office configuration; 15 reserved parking spaces
(650) 888-3858 · Office Call to check price and availability
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