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1701 Novato Blvd 35,836 SF 50% Leased Office Building Novato, CA 94947 $6,841,500 CAD ($190.91 CAD/SF)

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Executive Summary

1701 S. Novato Blvd is a three story, elevator served ±39,609 RSF office building offered at a compelling basis with clear lease up and value add potential. The property is currently ±46.5% leased, providing in place income with meaningful upside through vacancy absorption or a partial owner-user strategy.
Recent improvements include refreshed lobbies and corridors, ADA path of travel upgrades, improved landscaping, and a newly constructed shared conference room. Suite sizes range from approximately ±836 RSF to ±5,781 RSF, with select suites offering operable windows and exterior decks.
The tenant mix is diversified and service oriented with limited near term rollover. Ownership is pursuing a roof coating program with an anticipated seven-year warranty, further reducing future capital exposure.
Located along the S. Novato Blvd corridor with direct access to Highway 101, public transit at the property, and close proximity to downtown Novato, the asset is well positioned to capture demand from local and regional office users.
Offered at $5,000,000 ($126/SF), the property presents an attractive opportunity to acquire a Marin County office asset at a basis well below replacement cost with multiple paths to value creation.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Building Size
35,836 SF
Building Class
B
Year Built/Renovated
1985/2023
Price
$6,841,500 CAD
Price Per SF
$190.91 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,000 SF
Building FAR
0.55
Lot Size
1.49 AC
Zoning
BPO - BPO – Business and Professional Office

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Dr. Epstein offers full service dentistry and performs all aspects of dentistry. However, his passion lies in dental implants and anesthesia. He performs IV sedation daily for fearful patients who want to sleep through their procedures. He also enjoys performing root canal therapy, periodontal surgery (with a laser), fixed and removable prosthetics, TMJ therapy as well as treating snoring and sleep apnea. His practice takes pride in creating the most comfortable, relaxing, and friendly atmosphere we can provide for our guests.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 101
  • 5,781 SF
  • Office
  • Full Build-Out
  • Now

5,781 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms.

  • 1st Fl-Ste 103
  • 1,689 SF
  • Office
  • Full Build-Out
  • Now

1,689 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms. A virtual tour of the space can be found at this link: https://my.matterport.com/show/?m=DK2hGJYL2Ww

  • 1st Fl-Ste 107
  • 3,147 SF
  • Office
  • Full Build-Out
  • Now

3,147 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms.

  • 2nd Fl-Ste 204
  • 1,742 SF
  • Office
  • Full Build-Out
  • Now

1,742 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms. A virtual tour of the space can be found at this link: https://my.matterport.com/show/?m=DupVoh6QHbR

  • 2nd Fl-Ste 205
  • 3,561 SF
  • Office
  • Full Build-Out
  • Now

3,561 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms. A virtual tour of the space can be found at this link: https://my.matterport.com/show/?m=p9XpnLzkUh9

  • 3rd Fl-Ste 304
  • 1,824 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 101 5,781 SF Office Full Build-Out Now
1st Fl-Ste 103 1,689 SF Office Full Build-Out Now
1st Fl-Ste 107 3,147 SF Office Full Build-Out Now
2nd Fl-Ste 204 1,742 SF Office Full Build-Out Now
2nd Fl-Ste 205 3,561 SF Office Full Build-Out Now
3rd Fl-Ste 304 1,824 SF Office - Now

1st Fl-Ste 101

Size
5,781 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 103

Size
1,689 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 107

Size
3,147 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 204

Size
1,742 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 205

Size
3,561 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 304

Size
1,824 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 101

Size 5,781 SF
Space Use Office
Condition Full Build-Out
Available Now

5,781 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms.

1st Fl-Ste 103

Size 1,689 SF
Space Use Office
Condition Full Build-Out
Available Now

1,689 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms. A virtual tour of the space can be found at this link: https://my.matterport.com/show/?m=DK2hGJYL2Ww

1st Fl-Ste 107

Size 3,147 SF
Space Use Office
Condition Full Build-Out
Available Now

3,147 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms.

2nd Fl-Ste 204

Size 1,742 SF
Space Use Office
Condition Full Build-Out
Available Now

1,742 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms. A virtual tour of the space can be found at this link: https://my.matterport.com/show/?m=DupVoh6QHbR

2nd Fl-Ste 205

Size 3,561 SF
Space Use Office
Condition Full Build-Out
Available Now

3,561 square foot office space with a mostly open floor plan and a mix of private offices and conference rooms. A virtual tour of the space can be found at this link: https://my.matterport.com/show/?m=p9XpnLzkUh9

Walk Score®
Very Walkable (79)
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
140-031-61
Land Assessment
$4,695,429 CAD
Improvements Assessment
$6,477,953 CAD
Total Assessment
$11,173,383 CAD
  • Listing ID: 39373285

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 1701 Novato Blvd, Novato, CA 94947

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