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Downtown Novato Center 1761-1769 Grant Ave Local commercial 8 678 m² 98 % Loué À vendre Novato, CA 94945 21 697 253 € (2 500,37 €/m²) Taux de capitalisation 6,25 %

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Certaines informations ont été traduites automatiquement.

Informations principales sur l'investissement

Downtown Novato Center, co-anchored by Lucky California Grocer and CVS Pharmacy, is a trusted neighborhood destination
The property received a new roof in 2018 with a 20-year warranty, LEED lighting, and improved signage and landscaping accents
Highly affluent Marin County location, average home values in Marin exceed $1.5 million in May 2026 (Zillow)

Recent leasing momentum at the center includes new 10 year leases from Icon Fit and Kitsch + Sync, as well as a new Dutch Bros ground lease (NAP)
Both Lucky California and CVS Pharmacy are paying well below current market rents
Offered at $265/sf, the property is priced significantly below the San Rafael market average of $419/sf (CoStar) and replacement cost

Résumé analytique

Nestled in the heart of Novato, Downtown Novato Center is proudly co-anchored by Lucky California and CVS Pharmacy. With over 30 years of dedication to the center and recently renewed 10-year lease commitments, these longstanding tenants highlight the center’s enduring appeal. Boasting exceptional curb appeal and a charming park-like atmosphere, Downtown Novato Center serves as a vibrant hub and cherished destination for the Novato community.

DowntownNovatoCenter_Flyer

Informations sur l’immeuble

Type de vente

Investissement

Type de bien

Local commercial

Surface de l’immeuble

8 678 m²

Classe d’immeuble

Année de construction/rénovation

1966/2018

Prix

21 697 253 €

Prix par m²

2 500,37 €

Taux de capitalisation

6,25 %

RNE

1 356 078 €

Pourcentage loué

98 %

Occupation

Multi

Hauteur du bâtiment

1 étage

Quais de chargement

1 Extérieur

Coefficient d’occupation des sols de l’immeuble

0,30

Surface du lot

2,85 ha

Zonage

Façade

196 m sur Grant Ave

CVS
Enseigne
99,999 SF
-
Jan 0000

Enseigne
99,999 SF
-
Jan 0000

Lucky was originally founded in San Leandro, California in 1935. The Lucky brand changed ownership many times over the years but in 2007 The Save Mart Companies acquired the Northern California division of Albertsons and converted the stores back to Lucky. There are now sixty-nine stores employing close to five thousand people in and around the San Francisco Bay and in 2015 the exciting new brand ‘Lucky California’ was born. Lucky California is a fresh take on the traditional grocery store. It offers a fusion of Bay Area culture, California-sourced foods and a variety of meal solutions – all at competitive prices. Lucky California brings people together around a shared love of food. They employ friendly people who understand your unique food needs and who are passionate about the diverse flavors that Californians love. They are not a specialty store.