Evergreen Park Commercial Real Estate

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Newmark Cornish & Carey
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2555 Park Blvd - 3 Spaces Evergreen Park, Palo Alto, CA rental rate negotiable
Sep 14
4,010 - 12,990
sqft
Office
306 Cambridge Ave - 2 Spaces Evergreen Park, Palo Alto, CA lease rate negotiable
Sep 14
1,450 - 3,060
sqft
Sublease Office

Evergreen Park

Market Report

Number of Listings
Posted in the last 90 days
11
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
4,010

Evergreen Park Rates

The typical asking rate per listing is in the $80's per square foot per year. The Evergreen Park submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 9% decrease in rent.

Compared to the rest of the Silicon Valley market, the Evergreen Park region has higher rates, and you'll need to pay a premium to be in this hot region.

Evergreen Park Listing Supply

In the last 90 days, 63 listings have come on the market, so you'll want to check back regularly for new listings. About 17% of the available space in the Evergreen Park are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,010 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this region were built in 1978 and are Class B.

Evergreen Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Evergreen Park folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Evergreen Park.
Research