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1133-1143 Magnolia Ave
Larkspur, CA 94939

$8,250,000 USD

Freestanding For Sale  •  23,606 SF

Property Details

• Property Type Freestanding
• Total Building Size 23,606 SF
• Lot Size 1.55 AC
• Building Class C
• Year Built 1948
• Cap Rate 7.29 %
• Tenancy Multiple
• Zoning NEC Commercial

0 Transit Score

49 Walk Score

Highlights

Outstanding exposure & access on Magnolia Avenue

Potential development opportunity

One of Larkspur's most traveled thoroughfares

https://buildout.com/website/Shops

Financial Summary (Proforma)

Net Operating Income: $601,113 USD (2019)

Cap Rate:

7.29 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Gravity Salon LLC	1,100 SF
Larkspur Barber
Lehrer Designs
Painter's Place	1,293 SF
Rustic Bakery	3,300 SF

Amenities

• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Larkspur Smart (Main Line - Sonoma Marin Area Rail Transit)	8 min	-	3.2 mi
San Rafael Smart (Main Line - Sonoma Marin Area Rail Transit)	10 min	-	3.5 mi
Airport	Drive	Walk	Distance
San Francisco International	51 min	-	31.0 mi
Metro Oakland International	46 min	-	32.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	59
Type:	Surface
Included in Rent:	Yes