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Retail 2655-2675 Middlefield Rd

1,400 - 2,000 SF of Retail Space Available in Palo Alto, CA 94306

Highlights

  • High Traffic
  • Complimentary retail mix
  • Neighborhood Retail Center

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 1,400-2,000 SF
  • 1-10 Years
  • £40.24 /SF/PA £3.35 /SF/MO £433.13 /m²/PA £36.09 /m²/MO £80,478 /PA £6,706 /MO
  • Triple Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

High visibility retail center space available. Perfect for retail storefront, gym or fitness center, personal services, education or training center, restaurant or food service, and more. Private restroom, internet, water, and utilities available. Ready for move-in or can be built to suit. Midtown Shopping Center is a high traffic retail center located in the heart of Midtown Palo Alto. The retail center's anchors include CVS Pharmacy and Walgreens, along with many national franchises and local service businesses. Plenty of free parking for guests and employees. Call for more information or to schedule a tour.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Wi-Fi Connectivity
  • High Ceilings
  • Plug & Play
  • High Traffic Neighborhood Retail Center
Space Size Term Rent Service Type
1st Floor 1,400-2,000 SF 1-10 Years £40.24 /SF/PA £3.35 /SF/MO £433.13 /m²/PA £36.09 /m²/MO £80,478 /PA £6,706 /MO Triple Net

1st Floor

Size
1,400-2,000 SF
Term
1-10 Years
Rent
£40.24 /SF/PA £3.35 /SF/MO £433.13 /m²/PA £36.09 /m²/MO £80,478 /PA £6,706 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

High visibility retail center space available. Perfect for retail storefront, gym or fitness center, personal services, education or training center, restaurant or food service, and more. Private restroom, internet, water, and utilities available. Ready for move-in or can be built to suit. Midtown Shopping Center is a high traffic retail center located in the heart of Midtown Palo Alto. The retail center's anchors include CVS Pharmacy and Walgreens, along with many national franchises and local service businesses. Plenty of free parking for guests and employees. Call for more information or to schedule a tour.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Wi-Fi Connectivity
  • High Ceilings
  • Plug & Play
  • High Traffic Neighborhood Retail Center

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT Retail

  • Tenant
  • Description
  • US Locations
  • Reach
  • Baskin Robbins
  • Accommodation and Food Services
  • -
  • -
  • Luna Dance
  • Service type
  • -
  • -
  • MyGym
  • Arts, Entertainment, and Recreation
  • -
  • -
  • Palo Alto Cafe
  • Accommodation and Food Services
  • -
  • -
  • School of Rock
  • Arts, Entertainment, and Recreation
  • -
  • -
  • UPS Store
  • Service type
  • -
  • -
Tenant Description US Locations Reach
Baskin Robbins Accommodation and Food Services - -
Luna Dance Service type - -
MyGym Arts, Entertainment, and Recreation - -
Palo Alto Cafe Accommodation and Food Services - -
School of Rock Arts, Entertainment, and Recreation - -
UPS Store Service type - -

PROPERTY FACTS FOR 2655-2675 Middlefield Rd , Palo Alto, CA 94306

Min. Divisible 1,400 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Internal Area 3,806 SF
Year Built 1955
Parking Ratio 10.51/1,000 SF

About the Property

Fantastic retail space in a prime location in Midtown Palo Alto. Midtown Shopping Center is a busy neighborhood retail center with UPS Store, Baskin Robbins, Teaspoon, School of Rock, Monica Foster Salon, Palo Alto Cafe, MyGym, Luna Dance Studio, Classy Salon and more. Walgreens and CVS Pharmacy are the center anchors. The available retail space is perfect for gym and fitness centers, personal services, schools and training facilities, restaurant and food services, or general retail space. High traffic and visibility along busy Middlefield Rd ensures plenty of business exposure and foot traffic. Free parking and soon-to-be built EV electric vehicle charging stations will be available soon.

  • Signage
  • Roof Lights
  • Storage Space
  • Air Conditioning
Walk Score ®
Very Walkable (77)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

My Gym Children's Fitness Ctr
Chase Bank
Safeway
Mollie Stone's Markets
Philz Coffee
Silicon Valley Bank
Bank of Montreal
Wells Fargo
Citi
Club Pilates
  • Listing ID: 22508859

  • Date on Market: 18/03/2021

  • Last Updated:

  • Address: 2655-2675 Middlefield Rd, Palo Alto, CA 94306

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