Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
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Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
Irreplaceable Trophy Asset For Sale in Downtown Palo Alto
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Irreplaceable Trophy Asset For Sale in Downtown Palo Alto

326-338 University Ave, Palo Alto , CA 94301

$15,000,000

PROPERTY FACTS

Sales Price: $15,000,000
Status: For Sale
Building Size: 8,700 SF
Lot Size: 0.18 AC
Property Type: Retail
Year Built: 1926

INVESTMENT HIGHLIGHTS

  • Irreplaceable Trophy Asset For Sale
  • 8,700 SF Multi-Tenant Retail Bldg. Adjacent to The Apple Store on University Ave in Downtown Palo Alto
  • 4 Unit Building (3 Retail Storefront Units & 1 Office Unit at the Rear of the Property)
  • 6,000 SF Available for an Owner User to Occupy Immediately
  • 31% Leased – 2,700 SF Unit Recently Leased to 575 Miishien Yunnan-Style Restaurant 
  • Generational Opportunity to Acquire a Prominent Building on University Avenue’s Best Retail Block

EXECUTIVE SUMMARY

- Irreplaceable Trophy Asset For Sale in Downtown Palo Alto.

- 8,700 SF Multi-Tenant Retail Building Adjacent to The Apple Store on University Avenue in Downtown Palo Alto.

- 4 Unit Building (3 Retail Storefront Units & 1 Office Unit at the Rear of the Property).

- 31% Leased – Rare Owner User/Investment Opportunity.

- 6,000 SF Available for an Owner User to Occupy Immediately.

- 326 University (2,700 SF) was Recently Leased to 575 Miishien Restaurant on a 5 Year Lease with One (1) Five (5) Year Option. Rent Commencement will Begin on 07/01/2025, they are Currently Completing Their Renovations.

- 328, 338, and 330 University are Currently Vacant.

- Adjacent to The Apple Store on University Avenue in Downtown Palo Alto.

- Generational Opportunity to Acquire a Prominent Building on University Avenue’s Best Retail Block.

- Located in the Heart of Downtown Palo Alto, One of the Nations Highest Barrier to Entry Market.

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David Taxin

David Taxin

Jeremy Awdisho

Jeremy Awdisho

List With David Taxin

David provides his clients with strategic advice to help create and grow wealth through commercial real estate investments.