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FIRST AND STATE RETAIL BUILDING 359 State St 2,375 SF of Retail Space Available in Los Altos, CA 94022



HIGHLIGHTS
- High Visibility and High Traffic Area
- Perfect for Fitness, Aesthetics Spa, or other retail use.
- Located in Downtown Los Altos
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,375 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Located in the vibrant core of Downtown Los Altos, this expansive retail space offers endless possibilities for businesses looking to thrive in a high-visibility, high-traffic area. The property features soaring ceilings, a front entrance facing the bustling State Street, and a convenient rear entrance leading to a parking lot—ideal for both customer access and deliveries. With proximity to popular local events like the Monthly Downtown Los Altos gatherings and the Thursday Farmers' Market, this space benefits from a consistent flow of foot traffic from locals and visitors alike, ensuring excellent exposure for any business.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- High Ceilings
- DDA Compliant
- Hardwood Floors
- Smoke Detector
- Located in Downtown Los Altos
- Seasonal Events and Farmer's Market
- Front and Rear Entrances
- High Visibility and High Traffic Area
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 2,375 SF | Gross Leasable Area | 17,120 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Storefront |
| Total Space Available | 2,375 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 17,120 SF |
| Year Built | 1988 |
ABOUT THE PROPERTY
Property Highlights for 249 First St, Los Altos, CA Prime Downtown Los Altos Location – Situated in the heart of one of Silicon Valley’s most affluent and walkable downtowns High Foot Traffic & Visibility – Excellent street frontage near top restaurants, cafés, and boutique retailers Modern & Inviting Façade – Well-maintained exterior with attractive curb appeal Flexible Space Layout – Ideal for retail, showroom, or service-based businesses; open floor plan allows for customization Ample Natural Light – Large display windows provide natural lighting and excellent signage opportunity On-Site Parking + Public Lots Nearby – Convenient access for both tenants and customers Strong Demographics – Surrounded by high-income households and top-rated schools Close Proximity to Tech Hubs – Minutes from Google, Apple, and other major employers Active Community Events – Benefit from year-round foot traffic from farmers’ markets, art festivals, and downtown gatherings Rare Availability – Seldom-available space in one of the Peninsula’s most desirable markets
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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FIRST AND STATE RETAIL BUILDING | 359 State St
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