el PRADO Hotel — Lease in Palo Alto, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Palo Alto, CA 94301
Photos
Description
Restaurant Space Available A signature dining opportunity in Downtown Palo Alto el Prado Hotel is a boutique, luxury, full-service hotel situated in the heart of downtown Palo Alto. Recognized by Forbes as a top hotel in Silicon Valley, the hotel has established itself as a premier hospitality destination. A signature restaurant is a critical component of the guest experience el Prado is curating, and this offering represents a rare opportunity for a tenant or operator to anchor one of Silicon Valley’s most distinguished addresses.
Market Context
This retail in Palo Alto, CA is listed for lease. Compare it against other retail listings for lease in Palo Alto, CA — view the full market.
As of Q2 2026, the San Francisco Peninsula retail market showed a 4.5% vacancy rate, and average asking rents near $38.52/SF/yr. Source: Kidder Mathews Q2 2026 market report.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the San Francisco Peninsula retail market tightening or softening?
- Vacancy is around 4.5% (Q2 2026).
Estimated Market Rate
$2.73/SF/mo – $3.69/SF/mo
Mid: $3.21/SF/mo
Contact
- Alex Sagues · +1 415 772 0306 · alex.sagues@cbre.com
- Benzi Blatman · 415 318 6264 · Benzi.blatman@cbre.com
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