650-618-3003
721 Colorado Ave, Palo Alto, CA for Sale
Office - FOR SALE
1/33
null | Request Cap Rate

721 Colorado Ave
Palo Alto, CA 94303
Midtown Palo Alto


HIGHLIGHTS

  • Freestanding modern office with flexible floor plans, convenient parking options, and fantastic curb appeal within Palo Alto’s top office submarket.
  • Commuting is easier than ever, with quick access from the 101 and 82 Highways, and Caltrain lines available just 1 mile away.
  • Functional, flexible open spaces, private offices, a conference room, a breakroom, storage spaces, and a balcony.
  • Walk to quality retail options, including Safeway, CVS, Subway, Round Table Pizza, and several popular local restaurants.
  • Prime investment submarket, with nearby commitments from both large tenants and visionary startups, driving rent growth of 3.3% year-over-year.
  • Currently 70% occupied by a mix of short-term tenants, offering in-place income and allowing quick occupancy by an owner/user.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cash-Flowing Midtown Office with Upside

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

NC

APN/PARCEL ID

127-34-091

ASK ABOUT THIS PROPERTY

Jon GoldmanPremier Property ManagementMore Info
650-618-3003

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Jon GoldmanPremier Property ManagementMore Info
650-618-3003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.