Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

The American Building 1099 D St 26,147 SF 100% Leased Office Building San Rafael, CA 94901 $23,248,010 CAD ($889.13 CAD/SF) 6.14% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • 100% Leased, Medical Office Building in Downtown San Rafael
  • Large Deck on Third Floor offers amazing views of City and San Francisco Bay
  • Median Household Income in San Rafael Exceeds Income in Santa Clara, San Francisco and Orange County
  • Three Story Structure includes abundant parking with underground garage and surface spaces
  • Strategically Located Between San Francisco and Sonoma Wine Country

Executive Summary

Marcus & Millichap is pleased to present The American Building at 1099 D Street, a 100% leased, medical office building and surgery center located in the prosperous city of San Rafael, California. This three-story attractive building, ideally located in the downtown submarket, contains 26,147 square feet of rentable space (with an integrated approximate 24,460 sq. ft. parking structure). The anchor tenant, a multi-specialty surgery center with a consortium of long-established surgeons based in San Francisco, is expanding their operations into Marin County. They are funding the tenant improvements for an 11,000 sq. ft. surgery center at a cost of approximately $10 million which includes complete demolition and rebuild of the space that is currently in for permit. The renovations were designed by a nationally recognized healthcare architecture firm, Boulder Architects.
The Property is highly accessible to visitors thanks to abundant on-site structured and secured parking, as well as the neighborhood’s impressive walkability scores of 98. Multiple public transportation are options are present, including ferry service to San Francisco and Oakland. Across D Street from the Property is the $36 million mission critical Public Safety Center (housing police, fire, EMT dispatchers, etc) and San Rafael City Hall.
Stable occupancy and strong rent growth highlight The American Building’s appeal to tenants and its status as a compelling legacy MOB asset in supply constricted Marin County. Please contact Listing Agents for Additional Details.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
26,147 SF
Building Class
B
Year Built/Renovated
1981/2023
Price
$23,248,010 CAD
Price Per SF
$889.13 CAD
Cap Rate
6.14%
NOI
$1,427,351 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,716 SF
Building FAR
1.11
Lot Size
0.54 AC
Zoning
R-O-D, San Rafael
Parking
87 Spaces (3.33 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Information
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Big Picture is a full-service creative group dedicated to telling powerful stories through video and live events. They are based in the San Francisco Bay Area and comprised of passionate storytellers, award-winning directors, and producers. They travel the world to tell any kind of video story and produce every kind of event experience.

  • Health Care and Social Assistance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Welcome to California Pacific Orthopaedics and Sports Medicine, the Bay Area’s leader in the diagnosis and treatment of orthopedic and sports-related injuries, including injuries to the knee, shoulder, elbow, hip, spine, hands and feet, as well as trauma, arthritis and work-related injuries. The team at California Pacific Orthopaedics offers a multidisciplinary approach to designing the most effective treatment for any orthopaedic condition.

  • Educational Services
  • -
  • -
  • -
  • Jan 0000

Lindamood-Bell Learning Processes, founded in 1986, specializes in developing and delivering instructional programs that enhance reading, comprehension, and math skills for students of all ages. The organization focuses on evidence-based methods designed to strengthen sensory-cognitive functions essential for learning. Its services include individualized instruction for students with learning challenges such as dyslexia, ADHD, and autism spectrum disorders, as well as those seeking academic enrichment. Lindamood-Bell operates learning centers across the United States and internationally, offering both in-person and online programs. In addition to direct instruction, the company provides professional development and consulting services for educators and schools, supporting the implementation of its methodologies in classroom settings. The organization remains privately held and continues to expand its reach through partnerships with educational institutions and research initiatives aimed at improving literacy and learning outcomes.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Information - - Lorem Ipsum Jan 0000
Health Care and Social Assistance - $9.99 Lorem Ipsum Jan 0000
Educational Services - - - Jan 0000
Walk Score®
Walker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
011-204-20
Land Assessment
$3,738,640 CAD
Improvements Assessment
$11,390,357 CAD
Total Assessment
$15,128,997 CAD
  • Listing ID: 39641919

  • Date on Market: 2026-03-03

  • Last Updated:

  • Address: 1099 D St, San Rafael, CA 94901

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}