$8,226,000 USD
650-678-7200
11 Professional Center Pky
San Rafael, CA 94903
Smith Ranch
HIGHLIGHTS
- 20-year corporate net lease featuring 2% annual rental increases
- Lease features a full-term corporate guaranty from tenant’s parent company
- 8,000+ systemwide enrollments projected by year end 2025
- Cosmic Education Group owns a network of 100+ Montessori schools in the U.S. and Asia and is led by seasoned executives in early childhood education
- Historically prominent retail/office location in premier suburban enclave
- Marin County is a high barrier to entry market for education resulting in high enrollments and tuitions
FOR SALE DETAILS
PRICE
$8,226,000 USD
PRICE/SF
$1,064 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cosmic Education
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1971
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.91 AC
LAND SF
39,640 SF
ZONING
O
APN/PARCEL ID
155-072-04,155-072-05
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650-678-7200
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650-678-7200
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