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4151 Middlefield Rd
Palo Alto, CA 94303
4151 Middlefield · Office Property For Sale

Property Facts

Property Type
Office
Building Size
24,512 SF
Building Class
B
Year Built
1981
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,256 SF
Building FAR
0.57
Lot Size
0.99 AC
Zoning
PC, Palo Alto - Planned Community District
Parking
70 Spaces (3.19 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage

About 4151 MIDDLEFIELD RD , PALO ALTO, CA 94303

HFF has been engaged as the exclusive advisor to extend to qualified investors the opportunity to acquire the feesimple interest in 4151 Middlefield (the Property ), a 24,512 square foot boutique, two-story office building completely renovated in 2015-2016, located in Palo Alto, CA. 4151 Middlefield is 100% leased to Cheetah Mobile (12,256 square feet, 50% of Property) and Poynt (12,256 square feet, 50% of Property) with in-place rents approximately 15% below market. The Property is located off of U.S. Highway 101 near an abundance of walkable retail amenities and within one mile of the San Antonio Caltrain Station. Located in the dynamic and coveted Palo Alto market, 4151 Middlefield' s central location in the heart of Silicon Valley provides direct access to venture capital, a highly educated workforce, technology and innovation, and extensive transportation infrastructure in one of the most desirable corporate locations in the world. -Unparalleled proximity to Downtown Palo Alto, Stanford University, the prestigious Stanford Research Park, Downtown Mountain View, and Google' s headquarters and expansive presence of over 12 million square feet in Mountain View. -Just 1 mile to the San Antonio Caltrain Station, the most utilized public transit system serving the Bay Area Peninsula. -Walkable retail amenities in nearby Rengstorff Center and the Village at San Antonio, offering 330 multi-family units, 400,000 SF of office space, and a 167 room hotel, accompanied by Kohl' s, 24 Hour Fitness, Trader Joe' s, Walmart, and many other retail amenities. -Immediate access to the Bay Area' s major transportation corridors including Highway 101, Interstate 280, and Routes 85 and 237.

Property Taxes

Property Taxes

Parcel Number
127-15-023
Land Assessment
$12,971,254
Improvements Assessment
$10,760,757
Total Assessment
$23,732,011
  • Listing ID: 6673974

  • Date on Market: 4/7/2017

  • Last Updated:

  • Address: 4151 Middlefield Rd, Palo Alto, CA 94303

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