2 Office Buildings - 20,197 SF | Trophy Asset For Sale in Palo Alto

- The offering presents a rare opportunity to acquire two office buildings - 116 University Ave & 102 University Ave. The properties have a single Parcel APN number and must be purchased together.
- 116 University Ave is a 2 Story 10,525 Square Foot Office Building with a Lower-Level Commercial Kitchen built by Facebook/Meta. 2nd Floor (3,626 Square Feet) is Leased for 3 years and one 3-year option, lease commenced on June 1st, 2025. The 1st Floor and Lower Level are Both Vacant.
- 102 University Ave are 1st and 2nd Floor Office Condos Totaling 9,672 Square Feet of a Twin Residential Tower with three Penthouse Residential Units Above that are not included. Both the 1st and 2nd Floor Condos are Vacant, Available for an Owner User to Occupy Immediately.
- First Two Buildings on University Ave - Gateway to Downtown Palo Alto
- New Construction with Spectacular Architecture – 102 University Ave was built in 2009 and 116 University Ave was built in 2007.
- Floor to Ceiling Windows.
- Adjacent to a 5-Story Public Parking Structure.
- Generational Opportunity to Acquire a Prominent Building on University Avenue’s Best Commercial Corridor in Downtown Palo Alto.