317 University Ave — Lease in Palo Alto, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Palo Alto, CA 94301
  • Size: 4,248 SF

Description

Located 30 minutes away from San Francisco International Airport

Market Context

This retail in Palo Alto, CA is listed for lease across 4,248 SF. It has been on the market for 54 days. Compare it against other retail listings for lease in Palo Alto, CA — view the full market.

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).

Estimated Market Rate

$0.46/SF/mo – $0.62/SF/mo

Mid: $0.54/SF/mo

Estimated total for 4,248 SF: $2,294 per month

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

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