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460-476 University Ave 4,650 SF of Office Space Available in Palo Alto, CA 94301
HIGHLIGHTS
- Fully secured building
- Gourmet kitchen
- Nine offices and two conference rooms
- Private entrance with full floor
- Bathrooms include showers with high-end finishes
- Easy access to public transit
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor | 4,650 SF | 8’ - 10’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
2nd Floor
Single Tenant gem on University Ave - large open floor plan with 9 private office and 2 conference rooms overlooking University Ave - server room - kitchen - storage room - bathrooms with showers - printer station - reception/lobby area - fully secured - skylights - vaulted ceilings. Never been listed - this office was designed for our original tenants back in 1997! Move-in ready with some light updates or redesign this space into your own for the long haul. Caltrain is a short walk, making this location ideal for commuters. You are in the company of an impressive list of other AI, VC, Tech, Finance firms and start-ups. You and your team will enjoy the wide assortment of amenities including restaurants, bars, coffee shops, salons, etc.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- 9 Private Offices
- 2 Conference Rooms
- Finished Ceilings: 8’ - 10’
- Plug & Play
- Central Air and Heating
- Reception Area
- Wi-Fi Connectivity
- Print/Copy Room
- Private Restrooms
- Security System
- Exposed Ceiling
- Natural Light
- Shower Facilities
- Open-Plan
- Smoke Detector
- Prime Location off of University Ave
- Gourmet Kitchen
- 9 Offices + 2 Conference Rooms
- Open Workspace + Private Offices
- Bathrooms include showers + lockers
- Close walk to Caltrain
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.
SELECT TENANTS AT 460-476 UNIVERSITY AVE, PALO ALTO, CA 94301
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Goolrukh Vakil
- Retailer
- 1
- Local
- Liem Vu-Elite Cleaners & Tailors
- Services
- 1
- -
- Site for Sore Eyes
- Optical
- 50
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Goolrukh Vakil | Retailer | 1 | Local |
| Liem Vu-Elite Cleaners & Tailors | Services | 1 | - |
| Site for Sore Eyes | Optical | 50 | Local |
PROPERTY FACTS
| Total Space Available | 4,650 SF | Gross Leasable Area | 9,300 SF |
| Property Type | Retail | Year Built/Renovated | 1927/1997 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,650 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,300 SF |
| Year Built/Renovated | 1927/1997 |
ABOUT THE PROPERTY
Prime Office & Retail Space in the Heart of Downtown Palo Alto! Nestled on the iconic University Avenue, this beautifully preserved historic gem offers the perfect blend of charm, character, and modern convenience. Fully renovated in 1998, this award-winning property was recognized as the Commercial Preservation Project of the Year by the City of Palo Alto. The ground floor features a diverse mix of retail tenants. The entire second floor is dedicated to premium office space, accessible via its own secure, private entrance—ideal for businesses seeking exclusivity in one of Silicon Valley’s most prestigious locations. Whether you're looking to establish a new headquarters or expand your business, this is an opportunity you don’t want to miss!
NEARBY MAJOR RETAILERS
Presented by
Melanie Barry Properties
460-476 University Ave
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