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555 Hamilton Ave
Palo Alto, CA 94301 Downtown Palo Alto

Price Upon Request

Office For Sale  •  12,897 SF

Property Details

  • Property Type Office
  • Total Building Size 12,897 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 1985
  • Tenancy Multiple
  • Zoning CD-C (P)
52 Transit Score
94 Walk Score

Highlights

Owner-User Optionality: The penthouse lease expires April 30, 2027, providing a clear occupancy window in 1.5 years
Recent Sharp Decline in Vacancy: Since Q1 2024, Downtown Palo Alto vacancy has dropped 700 bps from 20.1% to 13.1% Q3 2025.
Office Cap Limits Future Supply: Palo Alto has a 50,000 SF annual cap on new office supply in Downtown locations, severely limiting future supply
Electrified 39 Minute Train from SF to Palo Alto: The Palo Alto Caltrain station connects to San Francisco in as little as 39 minutes.
Secured Underground Garage with Adjacent City Garage: The property includes 8 total parking spaces.
Recent Capital Investment: All suites renovated to current market standards in 2024, providing turnkey product that minimizes future TI requirements.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Palo Alto (Caltrain - Caltrain (Caltrain)) 3 min 13 min 0.7 mi
Menlo Park (Caltrain - Caltrain (Caltrain)) 6 min - 2.1 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 23 min - 15.4 mi
San Francisco International 29 min - 20.4 mi
Metro Oakland International 42 min - 28.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes
Charles Strouss 408-453-7485 CBRE, Inc.
Charles Strouss 408-453-7485 CBRE, Inc.