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425 Page Mill RdPalo Alto, CA 94306

Class A Office, Retail & Residential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A property at 425 Page Mill Rd, Palo Alto, CA 94306, offers a unique investment opportunity. The 71,000 square foot building boasts a prime location, adjacent to the El Camino Real intersection, providing unbeatable visibility. The property features 20,072 square feet of commercial space, currently in shell condition, ideal for build-out to suit a variety of tenants. The ground floor's approximately 4,033 square feet is suitable for retail, financial services, or personal services, and is easily divisible. The second floor offers approximately 16,039 square feet of office space, potentially divisible. Shared restrooms and a shower room are already installed. Adding to the investment appeal, the building includes 14,411 square feet of residential space comprising 16 fully-leased apartment units, each with a private deck. The building also includes 80 parking spaces with charging stations and is Green Plus certified. Situated near Stanford Research Park, the California Avenue business district, and the Caltrain station, this property benefits from exceptional access to amenities and transportation. The 0.62-acre lot is zoned Service Commercial (CS), and the property's APN is 132-37-073. This new construction presents a rare chance to acquire high-quality, new product in a highly desirable Palo Alto submarket with resilient rents and limited development opportunities. The building's impressive street frontage and incredible views from upper floors further enhance its appeal.

Highlights

  • New construction Class A property for sale in Palo Alto.
  • Green Plus certified building.
  • 71,000 square foot building with 80 parking spaces including EV charging stations.
  • 16 fully-leased residential units totaling 14,411 square feet.
  • Minutes from Downtown Palo Alto and Stanford University.
  • High-visibility location adjacent to El Camino Real intersection.

Property Details for 425 Page Mill Rd

Property type
Retail properties, Office properties
Square Feet
71,000 SF
Class
A
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Palo Alto
County
Santa Clara
State
California
Latitude
37.4240263
Longitude
-122.1409082
425 Page Mill Rd, Palo Alto, California

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425 Page Mill Rd
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