350 Ignacio Blvd - Medical FOR SALE


Novato, CA 94949
$3,358,000 USD
415-526-7649
350 Ignacio Blvd, Novato, CA for Sale
$3,358,000 USD
Medical - FOR SALE
1/11
null | Request Cap Rate

350 Ignacio Blvd
Novato, CA 94949


HIGHLIGHTS

  • ±16,792 USF for sale in a well-maintained Class A office building.
  • Availabilities feature impressive glass-line, with plentiful natural light & operable windows throughout.
  • Many areas of the building offer multiple private decks with hillside views.
  • Adjacent to Pacheco Plaza Shopping Center, walkable amenities include banks, restaurants, high-end grocery stores, and fitness facilities.
  • Up to ±4.62/1000 parking ratio between exclusive and shared parking stalls on-site.

OVERVIEW

Newmark, as exclusive advisor, is pleased to announce the opportunity to purchase 350 Ignacio Boulevard in Novato, California. The well improved commercial building is a 3-story professional office building, with multiple large decks and balconies throughout the property. The total offering is ±16,792 useable square feet with an additional ±2,890 useable square feet of deck space shared between 8 private patios. The offering also includes ±121 useable square feet leased to Bank of America as an ATM. The building is elevator served and has been well improved and maintained, with impressive lobbies and common area features. 350 Ignacio Boulevard also benefits from a parking ratio of ±4.62/1000 between the exclusive parking and shared parking on-site. The building was originally constructed in 1986. If a Buyer does not want to occupy the availability in its entirety, the offering is currently split into eight (8) commercial condominiums. A Buyer may occupy the portion that fits their needs, and lease out other units to create a cash flow.

FOR SALE DETAILS

PRICE

$3,358,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

91

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

PD

APN/PARCEL ID

160-211-31,160-211-34,160-211-35,160-211-36,160-211-37,160-211-38,160-211-40,160-211-41,160-211-42

ASK ABOUT THIS PROPERTY

Haden OngaroNewmarkMore Info
415-526-7649

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Haden OngaroNewmarkMore Info
415-526-7649

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.