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142 Lomita Dr 1,688 SF Retail Building Mill Valley, CA 94941 $1,600,000 ($947.87/SF) 6.37% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased to a single veterinary tenant
- Impeccably maintained property
- Easy access to Highway 101, amenities, and services
- Long-established, recession-proof business
- Excellent location with on-site parking
- Rare southern Marin County investment opportunity
EXECUTIVE SUMMARY
Proudly presenting a rare opportunity to acquire a charming veterinary facility, with recent updates, as a NNN leased investment.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,688 SF
Building Class
B
Year Built
1970
Price
$1,600,000
Price Per SF
$947.87
Cap Rate
6.37%
NOI
$101,951
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.20 AC
Zoning
C-G - General Commercial
Parking
6 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
112’ on Lomita Dr
Walk Score®
Very Walkable (70)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 030-155-09 | Improvements Assessment | $220,833 |
| Land Assessment | $96,260 | Total Assessment | $317,093 |
PROPERTY TAXES
Parcel Number
030-155-09
Land Assessment
$96,260
Improvements Assessment
$220,833
Total Assessment
$317,093
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142 Lomita Dr
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