8 Circle Rd - Specialty FOR SALE


San Rafael, CA 94903- Rafael Meadows-Los Ranchitos
$5,250,000 USD
415-726-9630
8 Circle Rd, San Rafael, CA for Sale
$5,250,000 USD
Specialty - FOR SALE
1/1
null | 6.04% Cap Rate


HIGHLIGHTS

  • Secured Single Tenant
  • Brand new ten year lease term (ending 2035)
  • Modified Net Lease

OVERVIEW

This exclusive Marin County single-tenant offering delivers secure, predictable cash flow backed by a long-term lease and minimal management requirements. At an asking price of $5,250,000, the investment produces a strong 6.04 cap rate based on actual NOI, positioning it as a compelling value opportunity in one of the Bay Area's most supply-constrained markets. Single-family residence with a long-term commercial tenant in place (10-year lease). The tenant recently renewed through 2035, demonstrating stability and commitment to the site. Annual rent increases provide built-in, inflation-protected income growth. With a Modified NNN lease, the tenant covers nearly all operating expenses, leaving the landlord responsible only for property taxes and structural items. This low-maintenance structure, combined with a current NOI of $317,015, makes the asset ideal for 1031 exchange buyers, private investors, and those seeking stable long-term cash flow with minimal oversight. Offering a rare blend of location, yield, and long-term stability, this Marin County asset stands out as one of the few opportunities delivering both quality and cash flow in today's market.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$874 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

179-191-05

ASK ABOUT THIS PROPERTY

Paul CingolaniBerkshire Hathaway Drysdale PropertiesMore Info
415-726-9630

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Paul CingolaniBerkshire Hathaway Drysdale PropertiesMore Info
415-726-9630

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