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Prestigious Office, Private Patio, 2nd Flr 380-382 University Ave
1,702 SF of Office Space Available in Palo Alto, CA 94301
Highlights
- In the heart of Palo Alto, with a spacious 2,215 sq. ft on the 2nd floor, this property features a carpeted open floor design with exposed brick wall.
- Rent discount possible for strong credit tenant and 2, 3, 4, or 5 year lease terms.
- Two beautiful private offices overlooking University Ave.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 380 | 1,702 SF | 3-10 Years | $60.00 /SF/YR $5.00 /SF/MO $102,120 /YR $8,510 /MO | Triple Net (NNN) |
2nd Floor, Ste 380
1,702 rentable SF plus 413 SF of private, secure outdoor patio space. No parking included. Please call broker to discuss.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 5 - 14 People
- 2 Private Offices
- Central Air Conditioning
- Balcony
- After Hours HVAC Available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 380-382 University Ave , Palo Alto, CA 94301
| Property Type | Retail | Gross Leasable Area | 3,810 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2009 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,810 SF |
| Year Built | 2009 |
About the Property
Easy 2 hour street parking, plus City parking for employees is only $75/month in the University Ave area. https://www.cityofpaloalto.org/Departments/Transportation/Parking/Employees Second floor office offers 2,115 SF of open floor space with two private offices. Immerse yourself in the beauty of this modern space with its carpeted floors, exposed brick walls and sophisticated design. Located on the bustling University Ave, your business will thrive in this high-traffic location with 24-hour access and tenant-controlled HVAC, ensuring a comfortable and convenient work environment. Zoning Details: CD-C(GF)(P) https://codelibrary.amlegal.com/codes/paloalto/latest/paloalto_ca/0-0-0-78321#JD_Chapter18.18 PAMC 18.18 - See Table 1 for “CD Permitted and Conditionally Permitted Uses” https://codelibrary.amlegal.com/codes/paloalto/latest/paloalto_ca/0-0-0-79270#JD_Chapter18.30B PAMC 18.30(B) - See “Use Limitations and Site Development Regulations” https://codelibrary.amlegal.com/codes/paloalto/latest/paloalto_ca/0-0-0-79295 PAMC 18.30(C) – See “Permitted Uses” & “Conditional Uses” https://codelibrary.amlegal.com/codes/paloalto/latest/paloalto_ca/0-0-0-76370 PAMC 18.04 Definitions of various use categories
- 24 Hour Access
- Tenant Controlled HVAC
Nearby Major Retailers
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Prestigious Office, Private Patio, 2nd Flr | 380-382 University Ave
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