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Highlights

  • Rare high-visibility Downtown San Rafael opportunity with existing restaurant infrastructure & flexible positioning for retail, fitness, etc.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 4,232 SF
  • 5-10 Years
  • $40.86 CAD/SF/YR $3.41 CAD/SF/MO $172,940 CAD/YR $14,412 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-08-14

Please contact agent for yearly rental increases.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor 4,232 SF 5-10 Years $40.86 CAD/SF/YR $3.41 CAD/SF/MO $172,940 CAD/YR $14,412 CAD/MO Triple Net (NNN)

1st Floor

Size
4,232 SF
Term
5-10 Years
Rental Rate
$40.86 CAD/SF/YR $3.41 CAD/SF/MO $172,940 CAD/YR $14,412 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-08-14

Please contact agent for yearly rental increases.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 1238 4th St, San Rafael, CA 94901

  • Tenant
  • Description
  • US Locations
  • Reach
  • Yet Wah San Rafael
  • Restaurant
  • 1
  • -
Tenant Description US Locations Reach
Yet Wah San Rafael Restaurant 1 -

Property Facts

Total Space Available 4,232 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 4,232 SF
Year Built 2000

About the Property

Prime Downtown San Rafael Retail/Restaurant Opportunity | 4th Street Exposure Rare opportunity to lease a ±4,232 SF ground-floor commercial space in the heart of Downtown San Rafael’s highly sought-after 4th Street corridor. This high-visibility location benefits from strong pedestrian and vehicular traffic, surrounded by a vibrant mix of restaurants, retail, and neighborhood amenities. Previously/Currently operated as a restaurant, the space offers existing infrastructure and a functional layout, providing a streamlined path for food and beverage operators. The property also presents flexibility for a variety of alternative uses, making it an attractive opportunity for tenants seeking a central Marin County location with strong presence and accessibility. Ownership is open to a range of qualified tenants, with a preference for well-capitalized and experienced operators. ? Highlights * ±4,232 SF ground-floor commercial space * Prime frontage on 4th Street with strong visibility * Existing restaurant infrastructure in place * High foot traffic and central downtown location * Flexible lease terms (5–10 years) * Suitable for a variety of uses (subject to approvals) ? Potential Uses * Restaurant / Café / Bar * Specialty food concept or quick-service operator * Boutique fitness, wellness, or training facility (including MMA or similar concepts) * Retail showroom or experiential retail * Creative studio or service-oriented business ? Lease Terms * $10,600/month NNN * Annual increases of $200/month * Security deposit negotiable (target ~6 months, subject to tenant qualifications) ? Positioning An ideal opportunity for tenants seeking a high-exposure, centrally located space with flexibility to tailor the layout and concept. Strong location fundamentals combined with adaptable use potential make this a compelling offering in the Marin County market.

Exceptionally walkable
90/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Curves
Chase Bank
Mechanics Bank
Pacific Premier Bank
Bank of America
Columbia Bank
Mr. Pickle's Sandwich Shop
IHOP
Starbucks
Jazzercise
  • Listing ID: 40046986

  • Date on Market: 2026-04-06

  • Last Updated:

  • Address: 1238 4th St, San Rafael, CA 94901

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