7428 Redwood Blvd - Office FOR SALE


Novato, CA 94945
$4,200,000 USD
415-328-3499
7428 Redwood Blvd, Novato, CA for Sale
$4,200,000 USD
Office - FOR SALE
1/10
null | 6.36% Cap Rate

7428 Redwood Blvd
Novato, CA 94945


HIGHLIGHTS

  • 2 ground floor medical tenants occupying highly improved space
  • Long term upstairs office tenants with nice build outs and good mix in lease terms
  • Elevator served
  • Abundant natural light in all the suites along with private decks on 2nd floor
  • Minimal short and medium term capital expenditures required

OVERVIEW

7428 Redwood Boulevard is a terrific, hard to find investment opportunity in Novato California. The building has had significant upgrades over the last five years. There is a top of the line dental suite, an Urgent Care office, as well as 2nd floor elevator served office spaces. High end build outs and staggered lease expiration dates make this a very safe long term investment opportunity.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

6.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C2

APN/PARCEL ID

153-011-52

ASK ABOUT THIS PROPERTY

Nick EgideMeridian CommercialMore Info
415-328-3499

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Nick EgideMeridian CommercialMore Info
415-328-3499

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