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526-536 San Anselmo Avenue, San Anselmo, CA 94960526-536 SAN ANSELMO AVENUEFOR SALE
68 Mitchell Blvd., Suite 100San Rafael, CA 94903
(415) 451-4900www.meridiancommercial.com
Matt BrownBRE #00865640(415) 451- 4900 [email protected]
OFFERING SUMMARY
Property Type: Retail
Sale Price: $2,250,000
Cap Rate: 5.18%
NOI: $116,505
Lot Size: ± 11,964 SF
Year Built: 1923
Building Size: ± 5,097 SF
Zoning: C2
Price / SF: $441.44
Located in the heart of downtown San Anselmo, one of Marin County's quintessential and authentic downtowns. Thestreetscape features a delightful mix of unique shops, restaurants, personal service establishments, offices, parks andgovernment buildings teeming with vitality at all hours of the day and evening.
LOCATION OVERVIEW
Opportunity to buy an exceptional retail investment along San Anselmo Avenue in the center of downtown. There are fourtenant spaces with interesting and unique stores offering a variety of goods and services.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Superior Location
• Historic Downtown Building
• Multi-tenant, Multiple Store Fronts
• Tenants of Longstanding Occupancy
The information herein has not been independently verified by the real estate brokers. Interested parties should have experts of their choice inspect and verify all information. Real estate brokers are not experts with respect to building construction, environmental, legal, tax, and other such matters.
68 Mitchell Blvd., Suite 100San Rafael, CA 94903
(415) 451-4900www.meridiancommercial.com
Matt BrownBRE #00865640(415) 451- 4900 [email protected]
FOR SALE 526-536 SAN ANSELMO AVENUE526-536 San Anselmo Avenue, San Anselmo, CA 94960
EXECUTIVE SUMMARY
The information herein has not been independently verified by the real estate brokers. Interested parties should have experts of their choice inspect and verify all information. Real estate brokers are not experts with respect to building construction, environmental, legal, tax, and other such matters.
68 Mitchell Blvd., Suite 100San Rafael, CA 94903
(415) 451-4900www.meridiancommercial.com
Matt BrownBRE #00865640(415) 451- 4900 [email protected]
FOR SALE 526-536 SAN ANSELMO AVENUE526-536 San Anselmo Avenue, San Anselmo, CA 94960
ADDITIONAL PHOTOS
TENANTNAME
UNITNUMBER
UNITSIZE (SF)
LEASESTART
LEASEEND
ANNUALRENT
% OFGLA
Chadwicks of London 526 750 11/1/1991 12/31/2020 $18,744 14.71
Sugar 528 1,500 1/25/2014 4/15/2020 $35,640 29.43
Marin Power Yoga 530 750 1/1/2017 2/28/2018 $19,200 14.71
Benvenuto's Salon 532-536 2,100 2/1/2014 1/31/2024 $64,800 41.2
Totals/Averages 5,100 $138,384
The information herein has not been independently verified by the real estate brokers. Interested parties should have experts of their choice inspect and verify all information. Real estate brokers are not experts with respect to building construction, environmental, legal, tax, and other such matters.
68 Mitchell Blvd., Suite 100San Rafael, CA 94903
(415) 451-4900www.meridiancommercial.com
Matt BrownBRE #00865640(415) 451- 4900 [email protected]
FOR SALE 526-536 SAN ANSELMO AVENUE526-536 San Anselmo Avenue, San Anselmo, CA 94960
RENT ROLL
The information herein has not been independently verified by the real estate brokers. Interested parties should have experts of their choice inspect and verify all information. Real estate brokers are not experts with respect to building construction, environmental, legal, tax, and other such matters.
68 Mitchell Blvd., Suite 100San Rafael, CA 94903
(415) 451-4900www.meridiancommercial.com
Matt BrownBRE #00865640(415) 451- 4900 [email protected]
INCOME SUMMARY PER SF
Gross Scheduled Income $138,384 $27.15Reimursements $4,062 $0.80
Gross Income $142,446 $27.95
EXPENSE SUMMARY PER SF
Repairs and Maintenance $3,000 $0.59Pest Control $119 $0.02Alarm $1,091 $0.21Busienss License $201 $0.04Current Taxes $13,225 $2.59Flood Insurance $2,291 $0.45Umbrella Policy $1,740 $0.34
Gross Expenses $21,667 $4.25
Net Operating Income $116,505 $22.86
FOR SALE 526-536 SAN ANSELMO AVENUE526-536 San Anselmo Avenue, San Anselmo, CA 94960
INCOME & EXPENSES
SUBJECT PROPERTY
526-536 San Anselmo Avenue | San Anselmo, CA 94960
$2,250,000Sale Price: 0.27 ACLot Size:
1923Year Built: 5,097 SFBuilding SF:
$441.44Price PSF: 5.18%Cap:
$116,505NOI:
1
554-558 SAN ANSELMO AVENUE
San Anselmo, CA 94960
$1,660,000Sale Price: 3,724.001 SFLot Size:
1912Year Built: 3,250 SFBuilding SF:
$510.77Price PSF: 4.79%CAP:
08/10/2017Closed: 100%Occupancy:
Retail building. Leased at time of sale.
1
2
232 SIR FRANCIS DRAKE BLVD.
San Anselmo, CA 94960
$670,000Sale Price: 1,250.002 SFLot Size:
1910Year Built: 2,043 SFBuilding SF:
$327.95Price PSF: 02/09/2016Closed:
100%Occupancy:
2
The information herein has not been independently verified by the real estate brokers. Interested parties should have experts of their choice inspect and verify all information. Real estate brokers are not experts with respect to building construction, environmental, legal, tax, and other such matters.
68 Mitchell Blvd., Suite 100San Rafael, CA 94903
(415) 451-4900www.meridiancommercial.com
Matt BrownBRE #00865640(415) 451- 4900 [email protected]
FOR SALE 526-536 SAN ANSELMO AVENUE526-536 San Anselmo Avenue, San Anselmo, CA 94960
SALE COMPS
3
ARIA RUGS
300-310 Sir Francis Drake Blvd. | San Anselmo, CA 94960
$1,250,000Sale Price: 7,404.982 SFLot Size:
1912Year Built: 3,945 SFBuilding SF:
$316.86Price PSF: 08/15/2016Closed:
sold without a tenant. still for lease.
3
4
SEAWOOD PHOTO
115 Tunstead | San Anselmo, CA 94960
$675,000Sale Price: 1,785.999 SFLot Size:
1935Year Built: 2,227 SFBuilding SF:
$303.10Price PSF: 06/02/2016Closed:
4
5
MARINITAS BUILDING
214-218 Sir Francis Drake Blvd. | San Anselmo, CA 94960
$2,700,000Sale Price: 6,250.991 SFLot Size:
1913Year Built: 4,383 SFBuilding SF:
$616.02Price PSF: 6.4%CAP:
100%Occupancy:
5
The information herein has not been independently verified by the real estate brokers. Interested parties should have experts of their choice inspect and verify all information. Real estate brokers are not experts with respect to building construction, environmental, legal, tax, and other such matters.
68 Mitchell Blvd., Suite 100San Rafael, CA 94903
(415) 451-4900www.meridiancommercial.com
Matt BrownBRE #00865640(415) 451- 4900 [email protected]
FOR SALE 526-536 SAN ANSELMO AVENUE526-536 San Anselmo Avenue, San Anselmo, CA 94960
SALE COMPS
The information herein has not been independently verified by the real estate brokers. Interested parties should have experts of their choice inspect and verify all information. Real estate brokers are not experts with respect to building construction, environmental, legal, tax, and other such matters.
68 Mitchell Blvd., Suite 100San Rafael, CA 94903
(415) 451-4900www.meridiancommercial.com
Matt BrownBRE #00865640(415) 451- 4900 [email protected]
FOR SALE 526-536 SAN ANSELMO AVENUE526-536 San Anselmo Avenue, San Anselmo, CA 94960
LOCATION MAPS
The information herein has not been independently verified by the real estate brokers. Interested parties should have experts of their choice inspect and verify all information. Real estate brokers are not experts with respect to building construction, environmental, legal, tax, and other such matters.
68 Mitchell Blvd., Suite 100San Rafael, CA 94903
(415) 451-4900www.meridiancommercial.com
Matt BrownBRE #00865640(415) 451- 4900 [email protected]
POPULATION 1 MILE 3 MILES 5 MILES
Total population 10,261 68,865 143,263
Median age 42.9 43.8 43.1
Median age (male) 42.5 42.2 41.8
Median age (Female) 43.5 45.3 44.4
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 4,364 30,021 59,872
# of persons per HH 2.4 2.3 2.4
Average HH income $132,055 $125,722 $126,209
Average house value $902,470 $871,009 $895,776
* Demographic data derived from 2010 US Census
FOR SALE 526-536 SAN ANSELMO AVENUE526-536 San Anselmo Avenue, San Anselmo, CA 94960
DEMOGRAPHICS MAP
