Log In/Sign Up
Your email has been sent.
1300 Grant Ave 7,231 SF 100% Leased Office Building Novato, CA 94945 $2,522,628 CAD ($348.86 CAD/SF) 6.19% Cap Rate
Investment Highlights
- Ideal Location, Fully Leased, Excellent condition
Executive Summary
Located in the heart of Downtown Novato, 1300 Grant Avenue offers the opportunity to acquire a fully leased, professionally managed seven-unit commercial investment property in one of Marin County's most established retail and office corridors. The asset provides stable in-place cash flow through a diversified tenant roster, making it well suited for investors seeking durable income and long-term capital preservation.
Positioned along Grant Avenue, the property benefits from exceptional street frontage, strong visibility, consistent pedestrian and vehicle traffic, and immediate access to Downtown Novato's restaurants, retail amenities, professional services, and Highway 101. The property's central location supports tenant retention while providing continued demand from local businesses serving the surrounding residential and commercial community.
Ownership has maintained the asset to a high standard, resulting in a well-presented property with strong occupancy history and professional management. The seven-unit configuration provides tenant diversification, reducing reliance on any single occupant while offering stable cash flow and operational flexibility.
Investment opportunities of this caliber in Downtown Novato are increasingly limited. Fully occupied commercial assets with established tenancy, quality maintenance, and a premier Marin County location rarely become available for acquisition. 1300 Grant Avenue represents an opportunity to acquire a stabilized income-producing asset with reliable in-place revenue and long-term appreciation potential in one of the North Bay's most desirable investment markets.
Positioned along Grant Avenue, the property benefits from exceptional street frontage, strong visibility, consistent pedestrian and vehicle traffic, and immediate access to Downtown Novato's restaurants, retail amenities, professional services, and Highway 101. The property's central location supports tenant retention while providing continued demand from local businesses serving the surrounding residential and commercial community.
Ownership has maintained the asset to a high standard, resulting in a well-presented property with strong occupancy history and professional management. The seven-unit configuration provides tenant diversification, reducing reliance on any single occupant while offering stable cash flow and operational flexibility.
Investment opportunities of this caliber in Downtown Novato are increasingly limited. Fully occupied commercial assets with established tenancy, quality maintenance, and a premier Marin County location rarely become available for acquisition. 1300 Grant Avenue represents an opportunity to acquire a stabilized income-producing asset with reliable in-place revenue and long-term appreciation potential in one of the North Bay's most desirable investment markets.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
7,231 SF
Building Class
B
Year Built
1990
Price
$2,522,628 CAD
Price Per SF
$348.86 CAD
Cap Rate
6.19%
NOI
$156,151 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,615 SF
Slab To Slab
10’
Building FAR
0.39
Lot Size
0.43 AC
Zoning
CDR - Downtown Core Retail
Parking
24 Spaces (3.32 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Monument Signage
- Air Conditioning
- Balcony
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 141-261-21 | Total Assessment | $2,333,431 CAD |
| Land Assessment | $1,681,752 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $651,679 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
141-261-21
Land Assessment
$1,681,752 CAD
Improvements Assessment
$651,679 CAD
Total Assessment
$2,333,431 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
1 of 55
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1300 Grant Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.