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8 Circle Rd
San Rafael, CA 94903 Rafael Meadows-Los Ranchitos

$4,880,000 USD

Specialty For Sale • 5,910 SF

Property Details

Property Type Specialty
Total Building Size 5,910 SF
Lot Size 1.15 AC
Year Built 2002
Zoning C

0 Transit Score

37 Walk Score

                
                    Highlights
                
                                100% Leased Asset on NN Modified Lease Long-term cash flow.  +/- 5.9% Going-in Cap Rate.
                            
                                ~10 Years Remaining on Lease Term and Option to Renew thereafter.
                            
                                Passive Ownership: Modified NN lease minimizes landlord involvement to core structural and tax obligations.
                            
                                Prime Real Estate: A 5,910 RSF ± building on 50,007 SF ± of land in the desirable San Rafael market.
                            
                                Annual 2% rent increases scheduled to begin in November 2027.

Amenities

Controlled Access

Public Transportation

Commuter Rail	Drive	Walk	Distance
Marin Civic Center Smart (Main Line - Sonoma Marin Area Rail Transit)	4 min	14 min	0.8 mi
San Rafael Smart (Main Line - Sonoma Marin Area Rail Transit)	4 min	-	2.4 mi
Airport	Drive	Walk	Distance
San Francisco International	52 min	-	33.1 mi
Metro Oakland International	45 min	-	33.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Jay Shaffer 415-407-3997 Colton Commercial & Partners, Inc.

8 Circle Rd San Rafael, CA 94903 Rafael Meadows-Los Ranchitos