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1500 Grant Ave
Novato, CA 94945
Novato Business Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Current occupancy of ±79%
- Heart of Downtown Novato
- On-site parking of ±56 spaces, in addition to street parking
- Well improved, turn-key suites and updated common areas
- ±35 suites ranging from 200 - 2,650 RSF
- Nearby to numerous restaurants, fitness and new housing in the pipeline
EXECUTIVE SUMMARY
1500 - 1516 Grant Avenue presents an investor with the opportunity to acquire a multi-tenanted, well occupied suburban office building within affluent Marin County at a compelling basis. A comprehensive offering memorandum is available upon signing a non-disclosure agreement.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
30,077 SF
Building Class
B
Year Built/Renovated
1968/2017
Price
$5,164,913 CAD
Price Per SF
$171.72 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,500 SF
Building FAR
0.83
Lot Size
0.83 AC
Zoning
CBD:D
Parking
62 Spaces (1.72 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Wi-Fi
PROPERTY TAXES
| Parcel Number | 141-252-35 | Improvements Assessment | $5,344,191 CAD |
| Land Assessment | $2,677,682 CAD | Total Assessment | $8,021,873 CAD |
PROPERTY TAXES
Parcel Number
141-252-35
Land Assessment
$2,677,682 CAD
Improvements Assessment
$5,344,191 CAD
Total Assessment
$8,021,873 CAD
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