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Marin County Redevelopment Opportunity 3 Properties in Novato, CA
EXECUTIVE SUMMARY
The property is well located in the downtown core of Novato, within walking distance of public transit and with easy access to U.S. Highway 101. Each of the three
(3) parcels comprising of the property are located in the CG (General Commercial) zoning district in the City of Novato.
Two of the three parcels comprising the property will be delivered vacant, while the third parcel (1130 Third Street) is triple-net leased through May 31, 2026 to a
self-service car wash. The tenant is currently paying $2,450 per month, set to increase on June 1st 2025 to $2,600 per month through the remainder of the term.
7455 Redwood Blvd, the largest parcel of the three, is the site of a former Unocal service station which has undergone soil vapor and groundwater remediation,
and is nearing case closure. More information is available upon request as well as accessible via the State of California Water Board’s website.
(3) parcels comprising of the property are located in the CG (General Commercial) zoning district in the City of Novato.
Two of the three parcels comprising the property will be delivered vacant, while the third parcel (1130 Third Street) is triple-net leased through May 31, 2026 to a
self-service car wash. The tenant is currently paying $2,450 per month, set to increase on June 1st 2025 to $2,600 per month through the remainder of the term.
7455 Redwood Blvd, the largest parcel of the three, is the site of a former Unocal service station which has undergone soil vapor and groundwater remediation,
and is nearing case closure. More information is available upon request as well as accessible via the State of California Water Board’s website.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 2,176 SF |
| Number of Properties | 3 | Total Land Area | 0.87 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 2,176 SF |
| Total Land Area | 0.87 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7455 Redwood Blvd, Novato, CA 94945 | Land | 0.23 AC | - | - |
| 7455 Redwood Blvd, Novato, CA 94945 | Retail | 1,176 SF | 1953 | - |
| 1130 1st St, Novato, CA 94945 | Specialty | 1,000 SF | 1953 | - |
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Marin County Redevelopment Opportunity
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