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111 Smith Ranch Rd
San Rafael, CA 94903 Smith Ranch

Price Upon Request

Medical For Sale  •  27,200 SF

Property Details

  • Property Type Medical
  • Total Building Size 27,200 SF
  • Lot Size 8.47 AC
  • Building Class C
  • Year Built 1993
  • Tenancy Single
  • Zoning PD
30 Transit Score
40 Walk Score

Highlights

100% Leased to Kaiser Permanente (S&P: AA- credit rating) - psychiatry and addiction medicine service. Term through 8/2031 with 2 x 5 year options
Kaiser invested millions into tenant improvements in 2014 and 2019 (specialized interiors + IT infrastructure), demonstrating long term commitment
Marin County ranks Top 5 nationally in household income - High barriers to entry for medical office space, strong demographics
±0.5 miles from Kaiser’s 150,000 SF headquarters campus - 2.5 miles from Kaiser San Rafael Medical Center (116-bed hospital)
Kaiser extended its lease for an additional five years through August 2031 and have two additional five-year extension options
Landlord installed 95.5kW Solar panels and infrastructure in 2023, along with recent roof replacement, resealed parking lot and resealed windows

Major Tenants

Tenant SF Occupied Lease End Date
Kaiser Permanente

Public Transportation

Commuter RailDriveWalkDistance
3 min - 2.0 mi
7 min - 3.5 mi
AirportDriveWalkDistance
San Francisco International 55 min - 35.0 mi
Metro Oakland International 48 min - 35.2 mi
Charles M Schulz - Sonoma County 51 min - 41.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 88
Type: Surface
Included in Rent: Yes