530 University Avenue — Lease in Palo Alto, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Palo Alto, CA 94301

Description

- Garden Level: ±1,992 SF - First Floor: ±3,154 SF - Second Floor: ±1,392 SF - Total: ±6,538 SF - Available Now - Irreplaceable Downtown Palo Alto Location - University Avenue Exterior - Building Signage - Prestigious University Avenue Address - Adjacent to City Parking (Largest Public Garage in Downtown) -Walking Distance to all Downtown Palo Alto Retail Amenities and Business Services - Immediate Proximity to Highway 101 and Caltrain Bullet Stop

Market Context

This office in Palo Alto, CA is listed for lease. It has been on the market for 54 days. Compare it against other office listings for lease in Palo Alto, CA — view the full market.

As of Q1 2026, the San Francisco Peninsula office market showed a 16.5% vacancy rate. Source: Colliers Q1 2026 market report.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

Is the San Francisco Peninsula office market tightening or softening?
Vacancy is around 16.5% (Q1 2026).

Estimated Market Rate

$0.36/SF/mo – $0.48/SF/mo

Mid: $0.42/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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