The Ida Group

SAN RAFAEL: 330 BELLAM BLVD

SOLD AT $12,500,000

CAP Rate: 7.5% | Rentable SF: 35,931 | Price/Rentable SF: $347.89 | Lot Size: 172,498 SF | Year Built/Renovated: 1979/2009

 
 

INVESTMENT HIGHLIGHTS

  • Currently 7 Years Remaining on a Corporate Guaranteed Single Tenant NNN Lease
  • Annual Rent Increases
  • Renovated for the Tenant in 2009
  • Excellent Strategic San Rafael Location, One and a Half Blocks from I-580
  • 30,000+ Average Daily Traffic Count (I-580 Offramps and Bellam Blvd)
  • Located Directly South of a Densely Populated Multi-Family Neighborhood
  • Shares Parking with the Marin Health and Wellness Campus, a Six Building 82,000+ Sq. Ft. Social, Mental, Medical, and Community Support Facility
  • Subject Property is a Highly Desired 35,000 Sq.Ft. Freestanding Retail Property with Abundant Parking