For Lease
$4.95/SF/YR

490 California Ave Palo Alto, CA 94306

53,000 SF Office/R&D, Prime Location

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 52,949-square-foot office and R&D building in Palo Alto, California, presents a unique opportunity. Located at 490 California Avenue, near El Camino Real, this four-story, 1984-built property sits on a 0.25-acre lot and offers a flexible, multi-tenant layout with 52,949 square feet currently vacant. The building features 1 dock-high door, 2 drive-ins, and ample parking for 2.6 cars per space. Interior features include a 19'6" slab-to-slab height on the first floor and 13'6" floor-to-roof height on the second floor, with a floor loading capacity of 151 lbs/sf. The building boasts substantial power with 2,000 amps, 277/480V service. Conveniently located within a block of the Caltrain station, this property also benefits from proximity to Downtown Sunnyvale amenities. Modern building features include a new 6,400-square-foot indoor/outdoor fitness center, impressive lobbies with full-height glass, and extensive glass lines throughout. Additional amenities include EV charging stations and secure bike lockers. The property is situated in Santa Clara County, zip code 94306. This is a shell building, allowing for improvements to suit tenant needs. Operating expense estimates exclude management fees.

Highlights

  • 52,949 SF vacant office and R&D building in Palo Alto (94306).
  • New ±6,400 SF indoor/outdoor fitness center.
  • Excellent highway access (101, 85, 237) and proximity to Caltrain.
  • Dramatic lobbies with full-height glass and extensive glass lines.
  • Amenities include EV charging stations and secure bike lockers.
  • 2.6 parking spaces per 1,000 SF.

Property Details for 490 California Ave

Property type
Life science properties, Office properties
RSF (Rentable sq. ft)
52,949 SF
Year Built
1984
Stories
4

Unit(s) available at that property

Space
490 Building
Size
52,949 SF
Rate per SF
$4.95

Location Insight

City
Palo Alto
County
Santa Clara
State
California
Latitude
37.4254691
Longitude
-122.1459088

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FAQs

What type of property is this?
Life science property - 53,000 SF Office/R&D, Prime Location
Where is the life science property located?
The property is located at 490 California Ave Palo Alto, CA.
What is the lease rate?
The lease rate is $4.95/SF/YR.
What are key features of this property?
This property features: 52,949 SF vacant office and R&D building in Palo Alto (94306).; New ±6,400 SF indoor/outdoor fitness center.; Excellent highway access (101, 85, 237) and proximity to Caltrain.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Susan Gregory
Susan Gregory
Dave Sandlin
Dave Sandlin
John Colyar
Kyle Portal
Visit Broker Website

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California Ave
Palo Alto, CA 94306

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California Ave
Palo Alto, CA 94306

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

490 California Ave
  • Susan Gregory
    Susan Gregory
  • Dave Sandlin
    Dave Sandlin
  • John Colyar
  • Kyle Portal
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