San Rafael, CA 94903,8 Circle RD
San Rafael, CA 94903,8 Circle RD
San Rafael, CA 94903,8 Circle RD
San Rafael, CA 94903,8 Circle RD
San Rafael, CA 94903,8 Circle RD
San Rafael, CA 94903,8 Circle RD
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Katie Yearnshaw And Kris Chun

Katie Yearnshaw And Kris Chun

+1(707) 853-5747
Listed by Jay Shaffer • Colton Commercial & Partners Inc
$ 4,880,000
Est. payment | /mo

5,910 SqFt

Save
$ 4,880,000
Est. payment | /mo
Save

5,910 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,910 sqft

Price per Sqft $825

MLS Listing ID 326002563

Construction Status Exterior-Good,Interior-Good,Updated/Remodeled,Yard Accessible,Yard Fenced

HOA Y/N Yes

Year Built 1999

Lot Size 1 Sqft

Property Sub-Type Office

Property Description

Colton Commercial & Partners, Inc. is pleased to present the exclusive opportunity to acquire the fee-simple interest in 8 Circle Road, San Rafael, CA. This premier, one-of-a-kind investment property is situated in the highly sought-after Los Ranchito's neighborhood, widely regarded as one of the most exclusive enclaves in San Rafael. Pristinely maintained and set upon a sprawling 1.15-acre lot, the property is fully leased on a long-term basis and features a private, on-site pool. The asset offers a sophisticated, hands-free investment under a Modified NN lease structure. Landlord responsibilities are limited strictly to property taxes, insurance, and the building structure, while the tenant remains responsible for all other operational expenses. With 10 years remaining on the primary lease term expiring October 31, 2035 this property provides exceptional long-term stability and significant pride of ownership. INVESTMENT HIGHLIGHTS Attractive Yield: A going-in Cap Rate of approximately 5.9. Built-In Appreciation: Annual rent increases scheduled to begin in November 2027. Stabilized cash flow: Nearly 10 years remaining on existing lease term (plus option to renew). Passive Ownership: Modified NN lease minimizes landlord involvement to core structural and tax obligations. Prime Real Estate: A 5,910 RSF building on 50,007 SF of land in the desirable San Rafael market.

Location

State CA

County Marin

Area San Rafael

Interior

Heating Central

Cooling Central

Flooring Carpet, Tile

Exterior

Garage Spaces 6.0

Utilities Available Internet Available, Natural Gas Connected, Primary Gas Meter, Primary Water Meter, Sewer Connected

Roof Type Shingle

Building

Lot Description Landscape Back, Landscape Front

Story 1

Foundation Concrete

Level or Stories 1

Construction Status Exterior-Good,Interior-Good,Updated/Remodeled,Yard Accessible,Yard Fenced

Others

Special Listing Condition Probate Listing

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Katie Yearnshaw And Kris Chun
Katie Yearnshaw And Kris Chun

Founder | Lic# 1870237

+1(707) 853-5747

1795 3d St., Napa, CA, 94559

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8 Circle RD