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263-267 University Avenue Palo Alto Ca 94301
Palo Alto, CA 94301 Downtown Palo Alto

Rate Upon Request

Storefront For Lease

Property Details

  • Property Type Storefront
  • Year Built 1910
  • Total Building Size 11,154 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning CDCGP
56 Transit Score
97 Walk Score

Description

Prime downtown Palo Alto location, currently occupied by local favorite Oren’s Hummus.  Perfect location for a boutique restaurant; plenty of foot traffic from high income community and tourists.
--Brought to shell condition
--$50+/sf TI allowance, based on financial review
--Basement Prep & Storage (optional): ~1,000 to 4,356 rsf, asking rate $1.50 (storage) - $3.00 (prep)
Neither space is a second-generation restaurant nor has a kitchen or hood installed

Highlights

Heavy foot traffic
Iconic location on University Ave in Palo Alto's central business district
Walking distance to Stanford University and Caltrain Palo Alto Station

Property Flyers

Amenities

  • Signage

Major Tenants

Tenant SF Occupied Lease End Date
La Borra del Café
Orens Hummus authentic Israeli food 4,077 SF
Round Table Pizza

Public Transportation

Commuter RailDriveWalkDistance
Palo Alto (Caltrain - Caltrain (Caltrain)) 2 min 6 min 0.3 mi
Menlo Park (Caltrain - Caltrain (Caltrain)) 5 min - 1.7 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 24 min - 15.8 mi
San Francisco International 30 min - 20.1 mi
Metro Oakland International 43 min - 28.7 mi