Keegan & Coppin is pleased to present the opportunity to acquire 8 Circle Road, a fully leased single-tenant behavioral healthcare investment in San Rafael, California.
The property consists of an approximately 5,910-square-foot residential-style healthcare facility situated on approximately 1.15 acres in the established Los Ranchitos area of Marin County. The property is leased to Heartwood House, LLC through October 31, 2035, with contractual rent increases beginning in November 2027.
The offering combines two distinct sources of value: substantial underlying Marin residential real estate and long-term income from an established behavioral healthcare use. At the current asking price, the property is offered at approximately $751 per building square foot, below the price-per-square foot level of several nearby larger residential sales.