317 University Ave — Lease in Palo Alto, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Palo Alto, CA 94301
- Size: 4,248 SF
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Description
Located 30 minutes away from San Francisco International Airport
Market Context
This retail in Palo Alto, CA is listed for lease across 4,248 SF. Compare it against other retail listings for lease in Palo Alto, CA — view the full market.
As of Q2 2026, the San Francisco Peninsula retail market showed a 4.5% vacancy rate, and average asking rents near $38.52/SF/yr. Source: Kidder Mathews Q2 2026 market report.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the San Francisco Peninsula retail market tightening or softening?
- Vacancy is around 4.5% (Q2 2026).
Estimated Market Rate
$2.73/SF/mo – $3.69/SF/mo
Mid: $3.21/SF/mo
Estimated total for 4,248 SF: $13,636 per month
Contact
- Carter Lyman · 1650688-8559 · carter.lyman@nmrk.com
- Carter Lyman · 1650688-8559 · carter.lyman@nmrk.com
- Jeff Rodgers · 1650303-3300 · jeff.rodgers@nmrk.com
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