Prime Midtown Commercial Opportunity – 1,200 SF NNN Lease
Secure a strategic position in the heart of Palo Alto’s vibrant Midtown neighborhood. Located at 706 Colorado Avenue, this ±1,200 SF space offers a rare opportunity for a retail or service-oriented business to thrive in a high-barrier-to-entry Silicon Valley market.
Offered as a Triple Net (NNN) lease, this property is ideally suited for an established operator or a growing brand seeking predictable, long-term stability. Currently configured for commercial/service use, the space benefits from steady local foot traffic and immediate proximity to the Midtown Shopping Center’s diverse mix of dining and professional services.
Your business will sit alongside established neighbors including 7-Eleven, Safeway, and Round Table Pizza, ensuring consistent visibility and a built-in customer base. This location perfectly blends classic Palo Alto charm with modern commercial convenience.
Key Features:
• Lease Type: Triple Net (NNN) – Tenant responsible for taxes, insurance, and maintenance.
• Highly Visible Location: Prominent frontage on Colorado Avenue with easy access to Middlefield Road and the Oregon Expressway.
• Top-Tier Demographics: Situated within the prestigious Palo Alto Unified School District and surrounded by affluent residential neighborhoods.
• Flexible Utility: Zoned C2S (Service Commercial), supporting various retail, office, or service-based uses.
• Transit-Friendly: Convenient access to public transit and major Silicon Valley employment hubs.
Establish your business in a premier Midtown location that blends classic Palo Alto charm with modern commercial convenience.