Retail Business for Lease in Palo Alto, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Palo Alto, CA 94301

Description

Commercial property listing from JLL. Property: 567 University Ave.

Market Context

This retail in Palo Alto, CA is listed for lease. It has been on the market for 135 days. Compare it against other retail listings for lease in Palo Alto, CA — <a href="/search/lease/retail/california/palo-alto">view the full market</a>.

As of Q1 2026, the San Francisco Peninsula retail market showed a 2.9% vacancy rate, average asking rents near $6.47/SF/yr, and rents up 5.2% year over year. Source: Colliers Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

Is the San Francisco Peninsula retail market tightening or softening?
Vacancy is around 2.9%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$0.46/SF/mo – $0.62/SF/mo

Mid: $0.54/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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