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977-979 Commercial St
6,100 SF of Light Industrial Space Available in Palo Alto, CA 94303
Highlights
- 977-979 Commercial Street offers 6,100-square-foot flex R&D space in Palo Alto, featuring polished concrete floors, roll-up doors, and high ceilings.
- Proximity to major tech hubs like the Googleplex, Meta, Tesla, Palantir Technologies, VMware Inc., HP, and more enhances partnership opportunities.
- Conveniently located off Highway 101, providing easy access for employees and avoiding the congestion of Downtown Palo Alto.
- Nearby amenities include Costco, PetSmart, Walmart Supercenter, 24 Hour Fitness, Starbucks, Ike’s Love & Sandwiches, and more.
Features
all available space(1)
Display Rent as
- Space
- Size
- Term
- Rent
- Space Use
- Condition
- Available
Flexible R&D space with a polished concrete floor, skylight, high ceilings, roll-up door, shower, kitchen, and outdoor patio. Ideally located off Highway 101 in the Bayshore area.
- Lease rate does not include utilities, property expenses or building services
- 2 Level Access Doors
- Private Restrooms
- High Ceilings
- Space is in Excellent Condition
- Kitchen
- Laboratory
- Lots of Natural Lighting
| Space | Size | Term | Rent | Space Use | Condition | Available |
| 1st Floor | 6,100 SF | 1-10 Years | £40.29 /SF/PA £3.36 /SF/MO £433.68 /m²/PA £36.14 /m²/MO £245,772 /PA £20,481 /MO | Light Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 6,100 SF |
| Term |
| 1-10 Years |
| Rent |
| £40.29 /SF/PA £3.36 /SF/MO £433.68 /m²/PA £36.14 /m²/MO £245,772 /PA £20,481 /MO |
| Space Use |
| Light Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 6,100 SF |
| Term | 1-10 Years |
| Rent | £40.29 /SF/PA |
| Space Use | Light Industrial |
| Condition | Full Build-Out |
| Available | Now |
Flexible R&D space with a polished concrete floor, skylight, high ceilings, roll-up door, shower, kitchen, and outdoor patio. Ideally located off Highway 101 in the Bayshore area.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- 2 Level Access Doors
- Kitchen
- Private Restrooms
- Laboratory
- High Ceilings
- Lots of Natural Lighting
Property Overview
The 6,100-square-foot flex research and development space at 977-979 Commercial Street in Palo Alto offers an ideal setup for smaller businesses looking for a versatile and functional workspace. With polished concrete floors, high ceilings, and two roll-up doors, the space is suited for a variety of uses, from light manufacturing to tech or research labs. It also includes private restrooms, a shower, a kitchen, and an outdoor patio. Located just off Highway 101, 977-979 Commercial Street offers easy access for employees and clients from surrounding areas like Mountain View, Menlo Park, and Redwood City. The nearby Googleplex and other tech companies bring additional value to the location, but this space is especially convenient for small or growing businesses needing a prime address in Silicon Valley without the congestion of Downtown Palo Alto. In addition to its central location, the property is near numerous restaurants, cafés, essential stores, and entertainment options, giving employees plenty of choices for lunch breaks, errands, or after-work activities.
PROPERTY FACTS
Marketing Brochure
About Palo Alto
Founded at the same time as the iconic Stanford University, Palo Alto has long had a deep connection to the high level of talent and entrepreneurship that comes out of the university. The relatively small city has maintained its suburban character, with fewer than 70,000 residents. The primary downtown area is located along University Avenue, and it boasts a collection of outdoor cafes, coffee shops, mom-and-pop and national retailers, and a host of other commercial uses drawing in residents and employees. Even with its small size, the outsized appeal of a tech-centric employment base has created steady population increases over the past decade.
Tenants often choose Palo Alto for its close proximity to Stanford and to operate near the concentration of venture capitalists along Sand Hill Road. Stanford University often ranks in the top three nationally for its computer science, business, and medical research master's programs, according to U.S. News & World Report. Stanford Research Park (SRP), which is owned through ground leases by the university, is a 760-acre area containing over 140 buildings and on the shortlist of global centers of high-tech research and development. With over 150 firms employing more than 23,000 people, it is one of the most prestigious locations in the entire Bay Area.
Palo Alto is home to dozens of R&D tenants from a diverse set of industries, including auto manufacturing, aerospace, and healthcare. Due to SRP, Palo Alto is one of the top recipients in National Institutes of Health funding nationally. While some tenants will grow up and out of this area, this irreplaceable location will always be on the shortlist for startups and research-oriented tenants.
DEMOGRAPHICS
Regional Accessibility
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| KFC | - | - | 5 min walk |
| Taco Bell | Fast Food | - | 5 min walk |
| Chipotle | - | - | 8 min walk |
| Erik's Delecafe | American | £ | 8 min walk |
| Starbucks | Cafe | £ | 8 min walk |
| Dohatsuten | Japanese | ££ | 8 min walk |
| In-N-Out Burger | - | - | 13 min walk |
| Hanabi Sushi | Sushi | ££ | 15 min walk |
Retail |
||
|---|---|---|
| Bright Horizons | Day-care | 2 min walk |
| am/pm | Convenience Market | 6 min walk |
| PetSmart, Inc. | Pet Shop/Supplies | 8 min walk |
| Supercuts | Salon/Barber/Spa | 8 min walk |
| Costco Wholesale | Wholesale Club | 9 min walk |
| Ross Dress for Less | Other Retail | 11 min walk |
| CrossFit | Fitness | 16 min walk |
Hotels |
|
|---|---|
| AC Hotels by Marriott |
144 rooms
3 min drive
|
| Holiday Inn Express |
70 rooms
6 min drive
|
| Residence Inn |
156 rooms
7 min drive
|
| Courtyard |
191 rooms
7 min drive
|
| Ramada |
50 rooms
7 min drive
|
| Hilton Garden Inn |
174 rooms
7 min drive
|
Leasing Team
Leasing Team
Roger Fields, Principal
Over the course of his career, Fields has been able to effectively determine long-term business vision, utilizing market research and insight from key industry partners to drive sound decision-making for property acquisition, optimization, and disposition, while leading all contract negotiations and continually assessing risk.
About the Owner
-
Roger Fields -
Parker Fields -
Casdon Jardine -
Peninsula Land & Capital LLC
Presented by
977-979 Commercial St
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